Liberia Qualifies for Bigger Funding

21 December 2012

Liberia is said to be Compact eligible, meaning the country can now receive new and larger funding package from the United States Government for development purposes, through the Millennium Challenge Corporation (MCC). The MCC is the US institution dedicated to helping developing countries meeting the Millennium Development Goals or MDGs.

Liberia's Finance Minister Amara Konneh, who made the disclosure Thursday, said based on the eligibility, the country stands to benefit a substantial grant to support the recently launched 'Liberia Rising Vision 2030' plus a five-year development plan dubbed the Agenda For Transformation.

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