National Development Plan 2025 - 2029 - ARREST Agenda for Inclusive Development (AAID).
Country
Type of law
Policy
Abstract
This ARREST Agenda for Inclusive Development (AAID), Liberia’s National Development Plan (2025–2029) is a comprehensive document aiming to transform Liberia from a low-income country into a nation of inclusive growth, sustainable development, and shared prosperity, by prioritizing human capital development, economic transformation, and good governance as cornerstones of development. By addressing systemic governance challenges and leveraging technology to enhance public service delivery, the Government aims to rebuild trust in institutions, fortify the rule of law, ensure a peaceful and reconciled nation, stamp out corruption, and create an enabling environment for private sector-driven development. Through targeted investments in infrastructure, education, health, and environmental sustainability, Liberia is poised to achieve the economic transformation necessary to contribute to the transition path to a lower-middle-income country. Liberia's macroeconomic framework for 2025–2029 aims to achieve sustainable economic growth, maintain macroeconomic stability, and address social and economic challenges by focusing on economic diversification, infrastructure development, fiscal consolidation, financial sector reforms, job creation, and social protection, all supported by improved governance, human capital development, and an agribusiness revolution. Effective policy coordination, political will, strong institutions, and international support will be critical to its success. GDP growth is projected to rise steadily from 5.1% in 2024 to 6.0% by 2027–2029, averaging 5.9% during the period, driven by key sectors like mining, agriculture, and manufacturing.
The National Development Plan 2025–2029 is built on 6 strategic pillars (1) Economic Transformation, aimed at creating a competitive, diversified, inclusive, and resilient economy driven by the private sector, with a focus on investment, job creation, industrialization, and food security; (2) Infrastructure Development, which prioritizes the establishment of modern, reliable, inclusive, and climate-resilient infrastructure to support socio-economic growth, particularly in transport, energy, housing, and ICT, with key targets including a 60% reduction in travel time, the paving of 485 km of primary roads, and a 30% decrease in transportation costs; (3) Rule of Law, dedicated to strengthening legal frameworks to ensure transparency, accountability, and justice while safeguarding human rights and fostering public trust in legal institutions; (4) Governance and Anti-Corruption, focused on building accountable and effective institutions, enhancing value-for-money service delivery, preventing corruption, and promoting decentralized governance to improve stability and social cohesion; (5) Environmental Sustainability, which emphasizes responsible resource management, biodiversity protection, and resilience to environmental and climate challenges, ensuring economic growth aligns with ecological conservation and improved living standards; (6) Human Capital Development, designed to cultivate a skilled, knowledgeable, healthy, and empowered population through strategic investments in education, healthcare, nutrition, and the empowerment of women and youth to drive socio-economic progress. Additionally, the Plan seeks to diversify economic activities, reduce reliance on exports of unprocessed commodities through investments in sectors that support domestic manufacturing, and promote tourism and technology. The precondition for effectiveness in addressing these challenges is the development and effective utilization of skilled and productive human capital as well as institutional capacities
The National Development Plan 2025–2029 is built on 6 strategic pillars (1) Economic Transformation, aimed at creating a competitive, diversified, inclusive, and resilient economy driven by the private sector, with a focus on investment, job creation, industrialization, and food security; (2) Infrastructure Development, which prioritizes the establishment of modern, reliable, inclusive, and climate-resilient infrastructure to support socio-economic growth, particularly in transport, energy, housing, and ICT, with key targets including a 60% reduction in travel time, the paving of 485 km of primary roads, and a 30% decrease in transportation costs; (3) Rule of Law, dedicated to strengthening legal frameworks to ensure transparency, accountability, and justice while safeguarding human rights and fostering public trust in legal institutions; (4) Governance and Anti-Corruption, focused on building accountable and effective institutions, enhancing value-for-money service delivery, preventing corruption, and promoting decentralized governance to improve stability and social cohesion; (5) Environmental Sustainability, which emphasizes responsible resource management, biodiversity protection, and resilience to environmental and climate challenges, ensuring economic growth aligns with ecological conservation and improved living standards; (6) Human Capital Development, designed to cultivate a skilled, knowledgeable, healthy, and empowered population through strategic investments in education, healthcare, nutrition, and the empowerment of women and youth to drive socio-economic progress. Additionally, the Plan seeks to diversify economic activities, reduce reliance on exports of unprocessed commodities through investments in sectors that support domestic manufacturing, and promote tourism and technology. The precondition for effectiveness in addressing these challenges is the development and effective utilization of skilled and productive human capital as well as institutional capacities
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Date of text
Entry into force notes
2025 - 2030.
Repealed
No
Source language
English
Legislation Amendment
No