Ministry of Finance and Development Planning of Liberia

Overview

Sector

Development Cooperation

Country

Liberia

SDG

01 - No Poverty, 17 - Partnerships for the Goals

Organization Type

Government

URL

https://www.mfdp.gov.lr/

Description

About


The Ministry of Finance and Development Planning, or MFDP for short, was created in 2013 by an Act of the National Legislature, in line with international financial management best practices. The new MFDP effectively replaces the Ministry of Finance and the Ministry of Planning and Economic Affairs, with the mandate to formulate, institutionalize and administer economic development, fiscal and tax policies for the promotion of sound and efficient management of financial resources of the government.


As custodian of the country’s economy, the MFDP combines public finance, development planning and economic management expertise and experience to effectively manage the economy.


Vision


To be a dynamic and efficiently managed institution of public finance, economic management and development planning to achieve sustainable economic growth and transformation.


MISSION


The Ministry of Finance and Development Planning (MFDP) is established to promote inclusive, sustainable growth and development through:



  • • Efficient resource allocation

  • Equitable wealth distribution

  • Prudent financial management

  • Integrated development planning

  • Well coordinated economic management

  • Formulation and implementation of sound fiscal and economic policies

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