Project News Details
Title:
Liberia - Fiscal Sustainability And Mining Sector Governance Support Programme (FSMSG-SP)
Detail:
The Fiscal Sustainability and Mining Sector Governance Support Programme (FSMSG-SP) is a general budget support / programmatic policy operation in Liberia designed to strengthen fiscal sustainability and improve governance in the mining sector in support of inclusive growth. The programme is the first phase of a two-year programmatic series and supports government reforms aimed at improving domestic revenue mobilisation, strengthening debt management, reducing revenue leakages linked to illicit financial flows and corruption, improving public procurement transparency, enhancing governance in the mining sector, strengthening climate governance, and promoting the inclusion of women and vulnerable groups in the economy. The programme supports reforms such as the introduction and rollout of VAT, adoption of a medium-term debt strategy, strengthening anti-corruption and anti-money laundering measures, revision of mining laws and regulations, production of compliance audit reports in extractive sectors, adoption of a national gender policy, and development of climate policy and implementation instruments. The first phase is financed by an ADF loan of UA 12.11 million, comprising UA 10.18 million from ADF resources and UA 1.93 million from the Transition Support Facility Pillar I, within a broader coordinated financing package involving the World Bank, the European Union, and the IMF. The borrower is the Republic of Liberia, and the executing agency is the Ministry of Finance and Development Planning.
Country:
Source:
African Development Bank Group
Published Date:
19.05.2026
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