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Economy

Liberia is to shortly receive US$256 million from the United States of America through the Millennium Challenge Corporation (MCC) compact program after accomplishing the threshold following the government’s performance on key governance indicators and the successful implementation of a compact threshold program in 2013.

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Several foreign currency dealers in Monrovia are blaming the Central Bank of Liberia (CBL) for not preventing the widening of a foreign exchange black market they say is responsible for the escalation of the Liberia Dollar to that of the U.S. Dollar. 

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The Global Environment Facility (GEF), a partnership for international cooperation, has allocated to the Liberian government US$7.43 million for environmental projects throughout the country, the Environmental Protection Agency (EPA) has disclosed. 

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