Liberia: ‘Cognizant of Challenges’ – Full Text of President Weah’s Third Annual Message – FrontPageAfrica

Total cash expenditure for the period under review amounted to Four Hundred and Six Million ($406 million) United States Dollars. Approximately One Hundred and Ninety-Four Million United States dollars (US$194 million) of this amount are loans, and about Seventy-Nine Million United States dollars (US$79 million) constitutes grants. These loans and grants are allocated as follows: One Hundred and Twenty-Five point One Million United States dollars (US$125.1 million) for road construction linking Barclayville to Sasstown, Voinjama to Konia, and Sanniquellie to Loguatuo; Forty-Seven Million United States dollars (US$47 million) for improving results in secondary education; Twenty-Eight point Ninety-five Million United States dollars (US$28.95 million) for improving urban water supply in Monrovia; Seventy-One point Eight Million United States dollars (US$71.8 million) for improving agriculture; and Six point Five Million United States dollars (US$6.5 million) for youth empowerment and employment. Of the total debt stock, the share of domestic debt is Four Hundred and Nineteen point Eight Million United States Dollars (US$419.8 million(, while external debt accounts for Eight Hundred and Forty-Nine point Ninety-Nine Million United States dollars (US$849.99 million). Total debt service over the course of Fiscal Year 2019/20 is projected at Sixty-Five Million United States dollars (US$65 million).

January 27, 2020 18:56 UTC


President’s Annual Message to Legislature: “Give Me Chance So I Can Fix It”

Total cash expenditure for the period under review amounted to Four Hundred and Six Million ($406 million) United States Dollars. Approximately One Hundred and Ninety-Four Million United States dollars (US$194 million) of this amount are loans, and about Seventy-Nine Million United States dollars (US$79 million) constitutes grants. These loans and grants are allocated as follows: One Hundred and Twenty-Five point One Million United States dollars (US$125.1 million) for road construction linking Barclayville to Sasstown, Voinjama to Konia, and Sanniquellie to Loguatuo; Forty-Seven Million United States dollars (US$47 million) for improving results in secondary education; Twenty-Eight point Ninety-five Million United States dollars (US$28.95 million) for improving urban water supply in Monrovia; Seventy-One point Eight Million United States dollars (US$71.8 million) for improving agriculture; and Six point Five Million United States dollars (US$6.5 million) for youth empowerment and employment. Of the total debt stock, the share of domestic debt is Four Hundred and Nineteen point Eight Million United States Dollars (US$419.8 million(, while external debt accounts for Eight Hundred and Forty-Nine point Ninety-Nine Million United States dollars (US$849.99 million). Total debt service over the course of Fiscal Year 2019/20 is projected at Sixty-Five Million United States dollars (US$65 million).

January 27, 2020 18:56 UTC


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