Economic Transformation

Overview

Rapid economic growth remains necessary for poverty reduction but such growth, in order to be sustainable, needs to be sufficiently inclusive through the participation of a wide spectrum of citizens across key productive sectors of the Liberian economy. The Sustainable Economic Transformation contributes to the creation of sustainable livelihoods and greater incomes for marginalized members of the Liberian society.

Our Goals

UNDP Sustainable Economic Transformation work in Liberia involves ensuring that growth benefits the marginalized and most vulnerable segments of society as well as supporting the creation of meaningful jobs and livelihood opportunities across key productive sectors in the Liberian economy. Our interventions includes: (a) strengthened evidence-based planning, monitoring and reporting (b) support to enhancing the formation of small and medium enterprises and (c) effective natural resource management.more

Village Savings and Loan Associations (VSLA)

The KMV project and the Rural Women Welfare Committee (RUWECO); a local NGO trained 50 Village Savings and Loan Association (VSLA) Community beneficiaries in New Town and U-Lah, Bong County, in VSLA methodology and small business skills management for livelihood. Members of the two associations were motivated to meet periodically and continue pooling their resources from small businesses in the associations through investment and buying of shares. The cash from shares is loaned to members of the association with small interest to enable them expand their small businesses in their communities. (Photo:UNDP)more

Our Stories

Residents now have access to safe drinking water, one of the basic needs of community dwellers
Kokoyah boasts of Successes

The Kokoyah Millennium Village in Bong County can now boast of several initiatives benefiting residents of surrounding towns and villages.more 

Nanu Pallar enjoying the company of her family
Promoting Women’s Economic Empowerment

A mother of 5 children and 13 grand children Pallar is currently utilizing business skills attained from UNDP‘s Village Savings and Loan Association (VSLA) training to sustain her family.more 

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Projects and Initiatives

  • Kokoyah Millenniuem Village Project

    The Kokoyah Millennium Villages Development Project (KMVDP) is a community based rural development project implemented by the Ministry of Internal Affairs in partnership with UNDP Liberia, the beneficiary communities and the Government of Norway as donor. The project, initially planned for five years (2008-2013) suffered implementation delays that eventually led to a non-cost extension to May 2014. Initially, project interventions were spread thinly across many towns in Kokoyah; making it difficult to measure the actual results and impact. However, from July 2013, following the transition of the project from UNDP to the Government through the Ministry of Internal Affairs (MIA), the Kokoyah Millennium Villages Project (KMVP) had a rethink of the intervention strategy, in line with the Government of Liberia’s Agenda for Transformation (AfT) which advocates for Sustainable Economic Transformation, Peace, Security and Reconciliation. more 

  • Support to Liberia Development Alliance

    This programme provides integrated support for effective functioning of the Liberia Development Alliance (LDA), the highest level policy coordination mechanism that ensures the successful implementation of the Agenda for Transformation (AfT, 2013-2017). The LDA is a key structure for the Government of Liberia (GoL), donors, civil society and private sector ­coordination.more 

  • Stregthening Natl Capacities for Development

    The objective of this programme as it is now, is to build the capacities of national institutions to implement UNDP funded programmes/projects and provide significant direct implementation support for the gradual transfer from the current DIM to the National Implementation Modality (NIM) across all projects and programmes in Liberia. This programme contributes to the improvement of the overall performance of national institutions particularly in the areas of programme, procurement and financial management and consequently enhance the external assistance for the country’s development.more 

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