Liberia Ceremonial Compact Signing

The $257 million Liberia Compact seeks to address two binding constraints to economic growth in Liberia: lack of access to reliable and affordable electricity and inadequate road infrastructure. To address that, the compact includes funding for the rehabilitation of the Mt. Coffee Hydroelectric Plant, development of a training center for technicians in the electricity sector, support for the creation of an independent energy sector regulator and support for the development of a nationwide road maintenance framework.