President George Weah has assured the European Union (EU) and other international partners that every dime invested in Liberia will be accounted for and that projects will be delivered for the benefit of the Liberian people, according to a press statement issued by the Executive Mansion.
The President made the commitment on Wednesday, June 6, 2018, when the Government of Liberia (GoL) signed a new Economic Cooperation Agreement with the EU, under the theme, “Moving Liberia Forward.”
The signing of the new Economic Cooperation Agreement is a direct dividend of President Weah’s trip to European, where he participated in this year’s European Development Days (EDD) Summit.
In keeping with the Agreement, the EU has given an initial €27 million towards direct budget support for the 2018/2019 fiscal year.
The Agreement notes that the funds will be made available within the shortest possible time as of the signing, and it is the first of many contributions to be made to Liberia under the Moving Liberia Forward Europe-Liberia Partnership Agreement.
Finance and Development Planning Minister Samuel D. Tweah signed on behalf of the Government of Liberia, while the EU Commissioner for International Cooperation and Development Neven Mimica signed on behalf of the EU.