Capitol Hill, Monrovia – The House of Representatives has ratified a US$40 million agreement with the International Development Association (IDA) to directly support fiscal year 2019/2020 national budget. According to President Weah, of the US$40 million, US$20 million is in the form of grant and US$20 million as IDA concessional credit terms. “This budget support is essential as it will help the government fills the financing gap in the national budget 2019/2020. I trust the legislature will ratify this agreement to achieve sustainable poverty reduction,” President Weah implored the lawmakers in his communication. High-placed legislative sources informed FrontPageAfrica that the Legislature will shortly begin the process of recasting the final phase of the 2019/2020 national budget.

Source: Front Page Africa March 20, 2020 11:15 UTC