Monrovia, Dec. 22 -- The Government of Liberia has received 21 million, equivalent to approximately US 24.6 million, in direct budget support from the European Union following what both sides described as successful implementation of agreed fiscal and governance reforms.

The disbursement represents the first installment of a three-year 56 million grant-based budget support program aimed at strengthening Liberia's public financial management, transparency, and economic governance.

Finance and Development Planning Minister Augustine Kpehe Ngafuan announced the release of the funds on Friday in Monrovia during a joint press conference marking the official disbursement. He described the European Union as a dependable and genuine partner who...