Agenda for Transformation Tag US$5b
Liberia’s ambitious development program dubbed an Agenda for Transformation has a cost tag of US$5 Billion, Finance Minister Amara Konneh, has disclosed here.
Officially launching the AFT at the Gbarnga Administration Building recently in Bong County, Minister Konneh said the amount will be used to initiate a number of development projects, including cheap electricity, road networks, and improved sea and airport facilities, among others.
He called on Liberia’s development partners and friendly governments to support the Agenda For Transformation, as the country could not independently raise the needed funding.
Though the Finance Boss did not disclose how much was already on hand, he said the Liberian government has committed some resources to the exercise, saying the government is committed to “changing everything for the common good of all its citizens.”
Describing development as the expansion of human abilities, Minister Konneh attributed the decline of the country’s economy 20 years ago to the inability of some citizens to access justice and security.
The AFT is a five-year development strategy, which followed the overly publicized, but criticized Poverty Reduction Strategy (PRS) of Lift Liberia, which focused on post-conflict emergency reconstruction and recovery.
The Agenda For development also aims to taking the country beyond economic recovery, and structure the foundation for transformative growth and development over the next five years.
AFT is the first giant step taken by the Johnson-Sirleaf Administration to actualize goals outlined in Vision 2030, Liberia’s long-term march towards creating a middle income society through inclusive growth and robust socio-economic development.