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World Bank Official Applauds Liberia’s Progress, Commits to Enhanced Collaboration

Monrovia, Liberia – During a pivotal meeting with President Joseph Nyuma Boakai on January 13, 2025, World Bank Vice President for Western and Southern Africa, Ousman Diagana, expressed admiration for Liberia’s advancements in governance, economic reform, and political stability.

The high-level engagement at the Executive Mansion emphasized the World Bank’s dedication to supporting Liberia’s developmental goals under President Boakai’s leadership.

Speaking to the press after the meeting, Mr. Diagana reflected on Liberia’s efforts to strengthen its democratic institutions and economic foundations. He noted that these strides are paving the way for improved public services and increased job opportunities for the nation’s youth.

“Liberia’s journey towards stability and development is commendable,” Diagana remarked. “The progress made under President Boakai’s administration creates a solid foundation for transformative growth. Our partnership aims to amplify these efforts by addressing critical priorities.”

The discussion centered on aligning the World Bank’s support with Liberia’s ARREST Agenda—a comprehensive roadmap designed by the Boakai administration to tackle the nation’s pressing challenges. Diagana stressed that the World Bank’s mission was to complement Liberia’s strategies with tailored financial and technical assistance, ensuring measurable outcomes in areas such as youth employment, infrastructure, and essential services.

President Boakai shared insights into the current challenges facing Liberia and highlighted the urgent need for robust international collaboration. In response, Diagana reaffirmed the World Bank’s commitment to providing the necessary resources and expertise to advance the administration’s developmental vision.

A notable outcome of the visit was the announcement of a new Country Partnership Framework. This strategic plan will serve as the foundation for future cooperation, addressing Liberia’s evolving needs and focusing on sustainable and inclusive development.

“This framework reflects our dedication to fostering long-term partnerships with nations committed to meaningful reforms,” said Diagana. “Liberia is setting an example in the region by demonstrating the value of strategic leadership and collaboration.”

The World Bank delegation included senior officials, such as H.P. Setafatofa, Vice President for UNICA, and the incoming Vice President for the International Finance Corporation (IFC). Their presence underscored the breadth of the World Bank’s commitment to engaging with Liberia across various sectors.

Highlighting the significance of the visit, Diagana emphasized that Liberia’s progress in overcoming political and economic challenges is a testament to its resilience. He reiterated the World Bank’s readiness to deepen its support and advance the country’s agenda for sustainable growth.

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