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Boakai Pledges Transformative Energy Reforms

President Joseph Boakai, has underscored his administration’s unwavering focus on transforming Liberia’s energy sector, declaring it a critical pillar for sustainable national development.
This affirmation came during a high-level courtesy visit paid to him by a senior World Bank delegation at the Executive Mansion.
President Boakai stressed that the energy sector’s revitalization is fundamental to Liberia’s progress. “No nation can achieve sustainable development without a vibrant and reliable energy sector,” he stated, emphasizing the government’s commitment to fostering collaboration with international partners to ensure far-reaching reforms benefiting future generations.
Acknowledging the World Bank’s instrumental support, the Liberian leader expressed gratitude for the partnership that has continued to catalyze the nation’s development. “Together, we will reposition Liberia into a stable, prosperous, and inclusive country,” President Boakai said, highlighting energy as a foundation for other key sectors.
The World Bank delegation, led by Mr. Ousmane Diagana, Vice President for Western and Central Africa, and Mr. Ethiopis Tafara, Regional Vice President of the Multilateral Investment Guarantee Agency (MIGA), reinforced their commitment to Liberia’s development.
In his remarks, Mr. Diagana revealed plans for a new National Development Country Partnership Framework, designed to deepen collaboration with Liberia.
This initiative will prioritize private sector growth and sustainable development.
The delegation also emphasized that the recently launched Agriculture Roads Rule of Law Education Sanitation & Tourism (ARREST) Agenda will serve as a guiding framework for implementing World Bank projects in the country.
“The World Bank values its long-standing partnership with Liberia and remains committed to working with President Boakai’s administration to deliver impactful, transformative initiatives that improve lives,” Mr. Diagana noted.
The Liberian delegation accompanying the World Bank team included key government officials, notably Finance and Development Planning Minister Augustine K. Ngafuan, Minister of State for Presidential Affairs Sylvester M. Grigsby, Presidential Economic Advisors Sahr Johnny and Morley Kamara, and Deputy Minister of Finance for Economic Management Dehpue Zuoh.
The meeting signaled a unified approach toward addressing Liberia’s critical development challenges, with energy reform emerging as a flagship priority under President Boakai’s administration.
As Liberia positions itself for a brighter future, the partnership with the World Bank is set to play an integral role in shaping policies that foster economic growth, infrastructure development, and improved quality of life for all Liberians.

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