World Bank Approves $55.8 Million Financing Package for Liberia

WASHINGTON, June 9, 2026 — The World Bank said it has approved $55.8 million in financing for Liberia under the second phase of its Resilient and Inclusive Growth Development Policy Financing program.

The latest package aimed at supporting fiscal stability, private sector development and resilience to social and climate-related shocks.

The financing is the second in a programmatic series and is aligned with Liberia’s ARREST Agenda for Inclusive Development and the World Bank Group’s country partnership framework for Liberia.

The Bank said the package is intended to support reforms focused on the business environment and productive sectors in a country where much of the workforce is employed in low-productivity informal activity.

Georgia Wallen, the World Bank’s country manager for Liberia, said the financing gives priority to resource mobilization, public financial management, transparency and accountability.

 She said it also includes measures aimed at improving the financial viability of the Liberia Electricity Corporation and strengthening the framework for renewable energy investment.

The World Bank said the operation also supports reforms intended to expand financial inclusion, improve the business climate and attract private investment in sectors seen as capable of generating jobs. It said measures backed by the Global Facility for Disaster Reduction and Recovery are also meant to strengthen disaster risk financing and resilience to economic and climate shocks.

Muhammad Waheed and Mary Elinor Boyer, co-task team leaders for the operation, said the financing is expected to help Liberia address an emerging funding gap while maintaining macroeconomic stability and continuing reforms in revenue mobilization, procurement transparency and expenditure management.