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Monrovia – The World Bank has provided its first development support to the new Government of Liberia headed by President George Weah with the signing of an IDA grant agreement amounting to US$24.7 million between the Bank and the Liberian Government.

Finance and Development Planning Minister Samuel D. Tweah signed on behalf of the government of Liberia, while World Bank’s Group Country Director for Guinea, Liberia and Sierra Leone Mr. Henry G. R. Karali signed on behalf of the World Bank.

According to the Agreement, US $20 million is for the implementation of the Fourth Poverty Reduction Strategy, while US$4.67 is specifically intended for a Forest Landscape Single Donor Trust Fund.

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