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Politics News

Tweah underscores human capital development

The Minister of Finance and Development Planning, Samuel D. Tweah Jr., says human capital development is a major priority under the government’s Pro Poor Agenda for Prosperity and Development, stressing that this will be reflected in the Ministry’s new strategic plan.

According to a press release, he made the observation at official launch of process leading to the formulation of the Ministry’s Strategic Plan for 2019-2023 in Monrovia on Tuesday, 26 March, expressing delight with the conceptual framework and target objectives of the plan.

Minister Tweah notes that under the new strategic plan, he looks forward to seeing the Ministry working with the entire government and various development partners in meeting set benchmarks.

He says a cardinal aspiration of the new strategic plan is to turn the Ministry into most efficient and effective service delivery government entity.

“Human capital development is a major priority under the PAPD, including quality education and health. The World Bank has committed to providing additional financing in the amount of $50 million United States dollars to address challenges in the education sector,” he says.
The Finance boss indicates that under the PAPD, government focus is on improving road infrastructure across the country, because without roads, Liberia’s growth outlook will continue to remain a challenge.

Additionally, he names electricity and ports as other priorities well articulated in the PAPD, which the Ministry’s Strategic Plan for 2019 to 2023 will seek to address.

He says discussions are ongoing with investors to expand capacity of the Liberia Electricity Corporation where over 2,000 transformers and transmitters will be brought into the country, instead of the targeted 300 pieces.

Electricity infrastructure, Tweah notes, is a challenge for the country and a priority under the PAPD, explaining that the CLSG lines will be fully operational by 2020 and government will be able to import and export power to neighboring countries.

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He expresses optimism the mode of delivery will have to be effective and efficient in the midst of enormous challenges government is faced with, saying it was important to look at what entities were doing from a logical point and to have it tied to the PAPD. Doing so, he reveals will enable government to look at what problem it can solve, and to be able to solve the critical ones, subject to resource limitation.

The launch was attended by development partners and representatives of Ministries and Agencies of government, including officials and technicians of the Ministry of Finance and Development Planning. Press Release

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