MONROVIA, Liberia — Liberia’s Minister of Finance and Development Planning, Augustine Kpehe Ngafuan, has pledged sweeping reforms aimed at strengthening fiscal governance, modernizing public financial management systems, and improving government service delivery as the Ministry launched its 2026–2030 Strategic Plan at the EJS Ministerial Complex in Congo Town.
Addressing government officials, development partners, and members of the diplomatic corps, Ngafuan described the new five-year strategy as a roadmap to transform the Ministry of Finance and Development Planning (MFDP) into a center of excellence capable of delivering measurable economic results for Liberians.
“We gather here today to officially launch the strategic plan of the Ministry of Finance and Development Planning for the period 2026 to 2030,” Ngafuan said. “Our hope and firm belief is that the measurable outcomes captured within it will be achieved—and achieved on time.”
A Plan for National Transformation
Ngafuan stressed that the strategic plan is not designed for any individual official but for the Liberian people and the long-term institutional strengthening of the ministry.
“This plan is not a plan for me, not a plan for the deputy ministers, directors, assistant ministers or consultants,” he declared. “The plan is for the Liberian people. Ministers come and go, but the ministry belongs to the people.”
He emphasized that the Ministry of Finance plays a pivotal role in national governance, describing it as the “engine room” of government operations.
“If the Ministry of Finance performs well, most likely the government performs well,” he said. “If we don’t perform, we paralyze the government.”
Key Reform Priorities
Ngafuan outlined a series of reforms the ministry intends to pursue between 2026 and 2030, including:
- Modernizing financial management systems
- Strengthening fiscal reporting and accountability
- Improving strategic debt management
- Accelerating digital transformation
- Professionalizing the public financial management workforce
- Reducing bureaucratic inefficiencies in service delivery
“These are achievable goals—not aspirations in a vacuum—but targets grounded in the realities of our fiscal environment,” he noted.
The plan also proposes structural reforms within the ministry, including a review of the MFDP’s enabling legislation and feasibility studies toward constructing a new permanent headquarters for the ministry.
Supporting National Development Goals
Ngafuan emphasized that the strategic plan aligns with Liberia’s broader development priorities, including increased investment in roads, energy, health, and education.
“We are strengthening country systems, enhancing fiduciary safeguards, and committing to transparency and predictability,” he said. “Confidence builds on results.”
He called on government institutions, development partners, and stakeholders to support implementation of the plan.
“We have conceptualized, analyzed and strategized,” Ngafuan concluded. “But good plans and good intentions are not good enough. We must work the plan. We must sweat the plan. We must walk the talk.”
The strategic plan was officially launched by the United Nations Resident Coordinator during the ceremony.
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