𝗛𝗼𝘂𝘀𝗲 𝗼𝗳 𝗥𝗲𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝘃𝗲𝘀 𝗥𝗮𝘁𝗶𝗳𝗶𝗲𝘀 𝗨𝗦$𝟲𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗜𝗗𝗔 𝗖𝗿𝗲𝗱𝗶𝘁 𝗳𝗼𝗿 𝗟𝗶𝗯𝗲𝗿𝗶𝗮 𝗘𝗫𝗖𝗘𝗟 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝗷𝗲𝗰𝘁

MONROVIA – The Plenary of the House of Representatives has unanimously voted to ratify a US$60 million International Development Association (IDA) credit to support the Liberia Excellence in Learning (EXCEL) Project.

The decision follows a detailed report from the Joint Committee on Education and Public Administration, Judiciary, Banking and Finance, and Ways, Means and Finance, which was tasked with reviewing the financing agreement submitted by the Executive.

During deliberations, members of the Joint Committee emphasized that a loan of this magnitude is not a grant, but a long-term debt obligation to be carried by future generations. They noted that the Legislature’s approval “cannot be automatic—it must be earned and justified.”

According to the committee’s report, the Liberia EXCEL Project aims to improve foundational learning across 2,337 public schools in all 15 counties. The US$60 million credit will also unlock an additional US$28.7 million grant from the Global Partnership for Education (GPE), bringing the total financing package to US$88.7 million.

The project seeks to strengthen early childhood and primary education, reduce the national education financing gap, and advance the government’s ARREST Agenda for Inclusive Development. With the House’s ratification, the legislative instrument has been forwarded to the Liberian Senate for concurrence.