Finance and Development Planning Minister, Augustine K. Ngafuan has strongly denied media reports alleging that he requested religious leaders to pray for the improvement of the country’s economy.
In response to the circulating rumors, Minister Ngafuan released an official statement along with video footage of his recent appearance at the National Legislature on Monday, clarifying that no such appeal was made.
This clarification comes amid growing public scrutiny over Liberia’s economic situation, following the suspension of U.S. aid through the United States Agency for International Development (USAID).
Recently, various media institutions reported information that sparked controversy, with some critics suggesting that the minister was turning to religious practices instead of focusing on practical economic policies to address Liberia’s financial challenges.
The country has been struggling with inflation, unemployment, and other financial difficulties, prompting concerns about how the government would address the economic gap created as a result of the US aid cut.
Critics have since expressed fears that a religious approach to economic recovery might divert attention from essential policy reforms while acknowledging the important role of religious leaders in offering spiritual guidance and social cohesion.
However, Minister Ngafuan, in response, further reaffirmed that the government’s economic strategy is based on sound fiscal policies, strategic planning, and market-driven solutions.
Minister Ngafuan emphasized that the government’s economic agenda remains focused on structural reforms, investment opportunities, and long-term growth strategies to mitigate the impact of reduced U.S. support on Liberia’s economy.
He reassured the public that efforts to stabilize and strengthen Liberia’s economy are firmly grounded in actionable financial policies, aimed at ensuring economic resilience and sustainable growth.
