MONROVIA – A high-level delegation from the Millennium Challenge Corporation (MCC), led by Madam Carrie Monahan, Managing Director for Africa, has arrived in Liberia to assess the Constraints to Growth Analysis facing the country’s economy, part of ongoing efforts to determine Liberia’s eligibility for a second MCC Compact. The delegation began its visit on Wednesday, September 24, 2025, with engagements involving key government ministries, agencies, and private sector stakeholders.
The visit commenced with a meeting at the Ministry of Finance and Development Planning, where Madam Monahan expressed gratitude for the warm reception and praised Liberia’s continued partnership with MCC. “On behalf of the Millennium Challenge Corporation, I would like to thank all of you for the very warm welcome we have received since we arrived in Liberia,” she said. “From the moment we landed on Monday, the Minister personally welcomed us, and our visit so far has been truly remarkable.” She lauded the Ministry’s coordination in arranging a comprehensive and productive agenda, noting that members of the delegation, whether visiting Liberia for the first time or returning, were eager to learn more about the country.
Madam Monahan highlighted the significance of Liberia’s consideration for a second Compact, noting that few countries are selected for such an opportunity. “We are extremely proud of the long history of partnership between our two countries and the important work we accomplished together during Compact One,” she said. “The fact that MCC’s Board is considering Liberia for a second Compact is a strong testament to the results we achieved together.” She added that the consideration reflects Liberia’s leadership, commitment to reform, and active engagement in its own development path.
Throughout the week, the MCC delegation will hold discussions with a broad spectrum of stakeholders to understand the key constraints to inclusive economic growth in Liberia. The engagements include meetings with the Ministry of Foreign Affairs, the National Investment Commission, Central Bank of Liberia, Liberia Institute of Statistics and Geo-Information Services (LISGIS), Ministry of Mines and Energy, and the Liberia Extractive Industries Transparency Initiative (LEITI). Other consultations involve the Liberia Revenue Authority, Liberia Special Economic Zone Authority, Ministry of Commerce and Industry, Liberia Chamber of Commerce, and the Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning. The findings from these engagements will inform the design of a potential second Compact if Liberia is selected.
Acting Minister of Finance and Development Planning, Hon. Anthony G. Myers, welcomed the MCC delegation and expressed gratitude to the United States government for reconsidering Liberia for a second Compact. He noted that preparations for the second Compact had begun prior to a pause earlier this year and emphasized Liberia’s optimism about being selected. Minister Myers highlighted that the delegation’s detailed itinerary demonstrates MCC’s strong interest in understanding the complex economic challenges facing Liberia, including issues related to social progress, trade, and inclusive growth.
Madam Monahan highlighted that the Constraints to Growth Analysis is a critical part of MCC’s evidence-based approach, ensuring that Compact investments address the most binding constraints to economic growth and poverty reduction. “Our team is here this week because, as your Minister noted, MCC’s Board of Directors will meet in December to decide on Liberia’s eligibility for a second Compact,” she concluded, reinforcing the importance of the week-long assessments for Liberia’s development trajectory.
