The Joint Committee of the Liberian Legislature on Ways, Means, Finance and Development Planning has set today, Monday, October 12 to review terms and conditions of an agreement between the Government of Liberia and the United States Government, which was signed on 2nd October in the United States.
A press statement issued in Monrovia over the weekend, says the Joint Committee will also evaluate the ‘Act to Establish the Millennium Challenge Account.’ The Millennium Challenge Compact Account is expected to manage the administrative, technical and financial operations of the agreement between the two countries.
At the hearing, Members of the Joint Committee will entertain comments from agent of the Executive Branch on how this agreement will promote economic growth and enhance the elimination of extreme poverty in Liberia.
The Legislature is also expected to review the priorities for the use of the MCC assistance and suggest the legal framework to ensure accountability. A number of Senior Government officials from the Ministries of Lands, Mines and Energy; Finance and Development Planning, Public Works are expected to testify at the hearing.
The concerns of the private sector are expected to be articulated by representative of the Liberia Chamber of Commerce. Massive portion of the financial assistance are delegated to providing a more reliable and affordable electricity and improving routine and periodic road maintenance.
The Ratification of the US $ 256,7 Million Agreement and creation of the Millennium Challenge Account are among the reasons President Ellen Johnson Sirleaf asked the Liberian Legislature to extend for six additional weeks its sitting beyond the statutory closure time.
On the same day, the Joint Committee of Gender and Judiciary of the Legislature isexpected to hold hearing on the Domestic Violence Law of 2014 on Capitol Hill. The Joint Committee has invited Cllr. Koiboi Johnson, Cllr. Dewey Gray, Cllr. Sundayway Nelson Amagashi and Cllr. Neveda Ricks, to comment on the merits and demerits of the proposed Law. Press Statement