LIMPAC Pledge LRD 100, 000 Toward Hult Prize Youth Enterpreneur & Innovative Initiative
On December 19th 2018, the Executive Director of the Liberia Macroeconomic Policy Analysis Center (LIMPAC) at the Ministry of Finance and Development Planning, Mr. Del-Francis Wreh was invited to serve as a keynote speaker and an implementing partner and sponsor to the Hult Prize program held at the auditorium on the campus of the University of Liberia. The Hult prize is a platform that centers on youth empowerment and brings together students to compete globally by showcasing their innovative skills.
The program held at the University Auditorium showcased 8 competing innovative projects about job creation across different sectors and communities in Liberia. The projects and business proposals were presented by eight groups of young Liberian students of the University of Liberia.
In a briefed remark, the LIMPAC boss, Mr. Del–Francis Wreh acknowledged how honored he was to be selected as one of the keynote speaker to give a motivational statement on entrepreneurship, innovation and research to young University students at the auditorium of the University of Liberia. He expressed excitement interacting with groups of young Liberian students sharing enormous ideas on different innovative projects about creating incomes and jobs in Liberia. Their effort he lamented brings joy to him and makes him to believe that they (students) are truly the emerging leaders that can ably move Liberia forward. He further lauded the effort of the organizers of the Hult Initiative and the leadership of the University of Liberia for mentoring young students under such an inspiring initiative. He admonished the students for the different ideas and projects on jobs creation at the community levels, which by extension support Pillar Two of the Government of Liberia, Pro-Poor Agenda for Prosperity and Development (PAPD), objectively poised to take one million Liberia out of poverty over the period of 5-years. The LIMPAC boss lamented “ I will inform Minister of Finance and Development Planning, Honorable Samuel D. Tweah, Jr., my boss that you have already started the implementation of the PAPD, and thank you once more for your extraordinary effort”
The LIMPAC boss further expressed LIMPAC willingness to partner with the organizers of the Hult Prize in the area of research, which he believe needs to be strengthened in Liberia to support the formulation of more innovative ideas for successful entrepreneurships and public administration. He later on behalf of the LIMPAC pledged 100,000 Liberian Dollars toward the traveling cost for the winner (group) who is expected to compete globally. This pledge represents LIMPAC second pledge in the space of month within 2018 towards scholarly initiatives on the campus of the University of Liberia. LIMPAC during the end of November 2018 at the induction ceremony of the Lux –In- Tenebris Honors Scholars Program pledged LRD500,000 towards the dormitory cost of scholars under the program.
LIMPAC is a specialized unit within the Ministry of Finance and Development Planning. The Center has responsibility for policy analysis, research and training of public officials in macroeconomic related issues in Liberia.
The Center, which is funded by the Government of Liberia and the African Capacity Building Foundation (ACBF) conducts policy researches and provide advisory services to the Government of Liberia through the Ministry of Finance and Development Planning in addition to implementing capacity building training activities.