President Joseph Boakai says his government will invest in roads, agriculture, and communication, if Liberia benefits from future Threshold Compacts.
He recalled Liberia’s benefits as significant gains achieved under the previous MCC Threshold Compact in 2015, with US$257 million allocated towards human and infrastructure developments.
President Boakai told the US-Africa Summit, Tuesday, that the previous compacts impacted the lives of Liberians at the time the country was grappling with electricity crisis, and it is hoped that Washington will consider Liberia again in the new phase of the threshold.
The Liberian leader emphasized that that support stretched electricity from 28 megawatts to over 100 megawatts, covering Monrovia and its environs, and reported that access to electricity grew from 9.4 percent to 30 percent, with 38,000 family members to 282,000 persons having access to electricity, thereby reducing power theft in Monrovia from 47 percent to 31 percent.