{"id":26291,"date":"2022-11-09T15:21:42","date_gmt":"2022-11-09T15:21:42","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements"},"modified":"2022-11-09T15:49:10","modified_gmt":"2022-11-09T15:49:10","slug":"house-ratifies-mano-river-union-development-transport-loan-agreements","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements","title":{"rendered":"House ratifies Mano River Union Development & Transport Loan Agreements"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>Members of the House of Representatives have voted to ratify the financing of two loan agreements between Liberia and the African Development Bank.<\/p>\n

The agreement is intended for the implementation of the Mano River Union Road Facilitation Programme [phase-iii].<\/p>\n

The House\u2019s decision followed a joint committee on Ways, Means and Finance, Development Planning, Investment and Concessions report Tuesday, 8 November 2022 during its 5th Day sitting of the third quarter.<\/p>\n

The joint committee told the plenary that following a review study of the two agreements of the Mano River Union Road Development and Transport Facilitation Programme [Phase-III], it is keen on the project\u2019s objectives.<\/p>\n

It added that it was keen on the project\u2019s description which informed the committee of substantial prospects in the country\u2019s infrastructure sector as enhancing the climate resilience of Liberia\u2019s infrastructure.<\/p>\n

The committee noted that this is key to making the roads here, bridges, and agriculture productivity active.<\/p>\n

The joint committee stated in its report that the total cost of the project is valued at [Units Of Account] UA37.5 million, an equivalent of appropriately US$52.5 million.<\/p>\n

This amount is under the financing agreements intended for the implementation of the Mano River Union Road Development and Transport Facilitation Program- [PHASE-III].<\/p>\n

The report continued that the African Development Bank (AFDB) agreed to extend to the Republic of Liberia in financing the Project- [Phase-III] as scheduled.<\/p>\n

The project, according to the Joint Committee report, will seek to address the existing stock of bridges and roads that are threatened as the result of extreme weather along roads in rural areas.<\/p>\n

The report was endorsed by plenary and a motion was proffered by Nimba County District #6 Representative Dorwohn T. Gleekia.<\/p>\n

The instrument was passed and forwarded to the Liberian Senate for concurrence.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. Members of the House of Representatives have voted to ratify the financing of two loan agreements between Liberia and the African Development Bank. The agreement is intended for the implementation of the Mano River Union Road Facilitation Programme [phase-iii]. The House\u2019s decision followed a joint committee on Ways, Means and Finance, Development […]<\/p>\n","protected":false},"author":84,"featured_media":26290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,237,234],"class_list":["post-26291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nHouse ratifies Mano River Union Development & Transport Loan Agreements - Liberia<\/title>\n<meta name=\"description\" content=\"Members of the House of Representatives have voted to ratify the financing of two loan agreements between Liberia and th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House ratifies Mano River Union Development & Transport Loan Agreements\" \/>\n<meta property=\"og:description\" content=\"Members of the House of Representatives have voted to ratify the financing of two loan agreements between Liberia and th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-09T15:21:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-09T15:49:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_14-636bcbd534888.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"408\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"House ratifies Mano River Union Development & Transport Loan Agreements\",\"datePublished\":\"2022-11-09T15:21:42+00:00\",\"dateModified\":\"2022-11-09T15:49:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements\"},\"wordCount\":315,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_14-636bcbd534888.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/house-ratifies-mano-river-union-development-transport-loan-agreements\",\"name\":\"House ratifies Mano River Union Development & Transport Loan Agreements - 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