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President Sirleaf Urges Senate To Ratify....
Date Uploaded: Oct 08, 2015

 President Ellen Johnson Sirleaf

 

 

President Sirleaf Urges Senate To Ratify $US256.7M MCC Agreement

By Wilfred Gortor

MONROVIA, October 7 (LINA)– President Ellen Johnson Sirleaf has urged members of the Liberian Senate to act speedily and ratify the $US256.7 million Millennium Challenge Corporation (MCC) Agreement signed recently between the Governments of Liberia and the United States of America.

She noted that the $US256.7 million MCC Compact Grant will support the development of Liberia’s energy sector; enhance road maintenance and technical capacity building.

President Sirleaf observed that given the importance of the agreement as well as projects under the MCC Compact, members of the Senate should act speedily in the interest of the people of Liberia.

The Liberian leader’s statement was contained in a letter she attached to the MCC Agreement and forwarded to the Liberian Senate on Tuesday for ratification.

The letter, which was received on the 10th Day Extraordinary Sitting of the 4th Session of the 53rd Legislature, also highlighted that resources from the grant will enable Liberia fund the fourth turbine of the Mount Coffee Power Plant, and raise its capacity to over 80 Mega Watts of power.

Meanwhile, President Sirleaf has also submitted to the Senate for enactment into law, a bill entitled Millennium Challenge Account (MCA) Act. “This bill puts into place the necessary legal framework for the establishment of the Millennium Challenge Account Liberia, whose mandate shall be to implement and oversee projects funded under the Millennium Challenge Compact,” President Sirleaf emphasized in a separate letter addressed to the Senate.

According to the Liberian leader, the bill will ensure that the state through MCA Liberia implements and manages effectively all projects developed under the MCC.

LINA/WSG/JGT/TSS

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