Liberia’s Minister of Finance, Amara Mohammed Konneh, has disclosed that the government is making necessary efforts to qualify for the US Millennium Challenge Corporation (MCC) support, PANA reports from here Monday.
According to Liberia’s Daily Observer newspaper, the minister made the disclosure during a visit by MCC’s vice president for Africa in the Department of Compact Operations, Mr. Jonathan Bloom, to the West African nation.
“Our government has developed an Action Plan to strategically guide our interventions to improve our performance in all 20 indicators measured by MCC,” Konneh was quoted as saying.
”We have completed both a constraints and root cause analysis, as well as a series of National Consultations on the findings of these analyses.”
The Finance Minister reportedly remarks that the government knew what must be fixed to accelerate the transformation of the country’s economy, and generate growth that will benefit all Liberians.
He was said to be responding to remarks by Mr. Bloom who had indicated in a press conference that Liberia needed to do more as the country had fallen short of meeting 11 key indicators of the MCC.
Bloom reportedly revealed that Liberia performed better on MCC’s score list in 2012 than in 2013.
It was also noted that the country needed to meet about 20 indicators in order to access huge direct US government’s grants.
The MCC is an innovative and independent US foreign aid agency which helps in tackling global poverty.