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August 3, 2025
Economy

๐‹๐ข๐›๐ž๐ซ๐ข๐š ๐‘๐ž๐š๐Ÿ๐Ÿ๐ข๐ซ๐ฆ๐ฌ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ข๐ญ๐ข๐ฆ๐ž ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ W๐ข๐ญ๐ก ยฃ๐Ÿ“.๐Ÿ“๐Œ ๐ˆ๐Œ๐Ž ๐๐š๐ฒ๐ฆ๐ž๐ง๐ญ

Liberia has paid its full assessed contribution of ยฃ5,527,138 (approximately US$7.4 million) to the International Maritime Organization (IMO) for 2026, reinforcing its leadership in global maritime affairs and its commitment to international obligations.

The payment was presented on June 2, 2025, by Liberiaโ€™s Permanent Representative to the IMO, Ambassador Robert Kpadeh at the IMO Headquarters in London. He delivered the symbolic cheque on behalf of President Joseph Nyuma Boakai Sr., affirming Liberiaโ€™s continued support for the IMOโ€™s mission of promoting safe, secure, and environmentally sustainable shipping.

Ambassador Kpadeh praised IMO Secretary-General Arsenio Dominguez for his leadership, stating that Liberia remains a reliable and proactive member of the organization. โ€œThis payment is not only a financial obligation but a mark of responsible leadership and commitment to the global maritime community,โ€ Kpadeh said.

As one of the worldโ€™s largest ship registries, Liberia holds a Category A seat on the IMO Council โ€” the highest tier of decision-making โ€” and is the only African country serving at that level. The timely payment also supports Liberiaโ€™s ongoing campaign to retain this prestigious seat for the 2026โ€“2027 biennium.

The contribution will support the IMOโ€™s core activities, including technical assistance, capacity building, and maritime research. Kpadeh emphasized Liberiaโ€™s dedication to working with other Member States and affiliated organizations to advance innovation and best practices in shipping governance.

Liberiaโ€™s consistent financial performance and policy leadership in maritime affairs continue to position the country as a dependable partner on the international stage. The government sees this role as both a strategic responsibility and a moral obligation to help shape a safer, more efficient, and environmentally sound global shipping industry.

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