US$1.8B U.S. Investment Secured
By Godgift Harris
Information Minister, Jerolinmek Matthew Piah, has hailed a newly signed US$1.8 billion U.S. investment agreement as a “landmark moment” for the Boakai administration. Piah said, the deal is another ‘clear signal of renewed international confidence in the country’s development agenda.’ He spoke on Tuesday, July 8, 2025, at the Ministry’s regular press briefing. He descried the deal as representing more than just a ‘financial injection.’ According to him, the deal is a ‘critical milestone in the Boakai’s administration push for transparency, good governance, and sustainable economic development. “This is not just about figures,” Piah declared, adding: “It is about jobs, infrastructure and economic transformation. Piah: “This deal alone represents the most significant American business partnership the country has seen in decades.” The agreement, which was negotiated over a 16-month period, involves a U.S.-based investment firm. It focuses on infrastructure and economic renewal. Piah said, the deal has already received commendation from the U.S. Embassy in Monrovia, and is now before the Legislature for final ratification. He used the press briefing to underscore the Boakai’s administration commitment to restoring trust in both domestic and on the international stage. Mr. Piah dismissed criticism circulating on social and political circles as “noise and misinformation,” noting that the government is determined to stay focused on delivering tangible results. “Our job as a responsible government; at least not dancing and making music, is not to engage in political back-and-forth positive discussions that will benefit the country. It is to inform the people of Liberia about what their government doing lots of good things,” he said. Piah insisted that the long timeline for finalizing the US$1.8 billion agreement was a product of responsible governance, rooted in transparency, thorough due diligence and stakeholders’ consensus. “In serious governance, these processes take time; that’s how you ensure accountability and protect national interest,” he said. “People may ask why it took long, but this is how credible deals are made.” In response to allegations of financial mismanagement and claims of missing public funds, Piah was unequivocal: “We’re not here to chase shadows or argue about who found or lost money. Our priority is clear, i.e. to build roads, restore schools; not with false promises, but to provide clean water, attract investments, and elevate the country’s image around the world.” Mr. Piah meanwhile, urged Liberians to rise above political divisions and online distractions, but to embrace the “winds of change” currently blowing across the nation.