Said the WFP: “These account for US$25 million directly from the Government of Liberia and US$5 million from the World Bank. Some Lawmakers UnsureAccording to the WFP, the COHFSP is an important safety net for people affected by COVID-19 in Liberia. The RCF places emphasis on the country’s poverty reduction and growth objectives.”The GoL had initially sought a total of US$87 million of budget support. Firstly, that upon disbursement of the US$87 million of funds under the Credit Facility arrangement, US$35 million will be immediately transferred to the account of the World Food Program for execution of the food support program agreed by the Steering Committee for COVID-19 Food Support Program. “This measure is programmed to yield $28 million ($3 million before end-FY2020; $25 million in FY2021).

Source: Front Page Africa June 19, 2020 06:33 UTC