MONROVIA, LIBERIA – President George Weah has submitted to the House of Representatives, for ratification, the West Africa Regional Energy Trade Development Association Financing Agreement.
The Agreement was signed on August 7 and 19, 2020, between the Liberian Government and the International Development Association-IDA, respectively.
In a communication to that body Tuesday, October 7, 2020, President Weah said: “The Agreement among other things, seeks to provide financing and reforms to increase regional electricity trade in West Africa”.
The Liberian Leader noted that under the program, the association has agreed to provide a little over US 9Million Dollars to Liberia in grants and credits.
Meanwhile, the House of Representatives has forwarded the instrument to its Ways and Means as well as Judiciary Committees to report during the next sitting.