top of page

Prepare for the Worst: Finance Minister Ngafuan Cautions

  • Writer: Michael T
    Michael T
  • Mar 21
  • 3 min read

Finance Minister Augustine Ngafuan
Finance Minister Augustine Ngafuan

Minister Augustine Kpehe Ngafuan's statement at the launch of the Governance Reform and Accountability Transformation (GREAT) Project, where he remarked, "We're expecting the worst - preparing for the worst, hoping that doesn't happen," embodies a strikingly pessimistic tone. While risk management is a necessary aspect of governance, Ngafuan's words lean heavily into fear and uncertainty. His remarks suggest a leadership approach that is more focused on damage control than on formulating and executing bold solutions to Liberia's economic challenges. By promoting a narrative of helplessness, Ngafuan not only undermines public confidence but also risks justifying his own potential failures14.


There is a fine line between responsible caution and fearmongering, and Ngafuan's statement crosses into the latter. Effective leadership demands the communication of both challenges and solutions. However, instead of providing a clear, actionable roadmap, Ngafuan's remarks instill fear, reinforcing the notion that the worst is inevitable. This can have serious economic consequences. Foreign investors are particularly sensitive to uncertainty, and statements like these can deter investment, further weakening Liberia's already fragile economy14.


Moreover, such comment from a man of his status creates a negative feedback loop. When government officials express doubt about the future, it seeps into public sentiment, further destabilizing economic activity. Consumers reduce spending, businesses halt expansion plans, and the overall economic slowdown worsens. Ngafuan's comments, therefore, serve not only as a reflection of poor leadership but also as a direct contributor to economic decline14.


Ngafuan's emphasis on "expecting the worst" is also a clear attempt to set the stage for justifying poor performance. Instead of demonstrating a willingness to tackle Liberia's economic challenges head-on, he appears to be conditioning the public to accept failure as inevitable. Leaders who resort to this tactic typically do so to deflect accountability. When the "worst" eventually occurs, they can conveniently argue that it was beyond their control, rather than taking ownership of their policy shortcomings14.


This pattern of excuse-making has become apparent in Ngafuan's recent public statements. His calls for prayers following the suspension of USAID projects, while perhaps an appeal to cultural or spiritual norms, suggest a troubling lack of proactive leadership. Rather than proposing clear measures to mitigate the fallout from the aid suspension, Ngafuan resorted to symbolic gestures. Calls for divine intervention are not a substitute for sound economic policy5.


Beyond fear-mongering and deflection, Ngafuan's remarks expose a glaring absence of innovative thinking. Liberia's economic challenges are not insurmountable, but overcoming them requires courageous leadership and decisive policy action. Other countries facing similar obstacles have implemented aggressive fiscal reforms, diversified their economies, and encouraged private sector growth. However, Ngafuan's rhetoric shows no sign of such ambition14.


Where is the strategy to attract new investment? What initiatives are being launched to promote entrepreneurship and job creation? How is the government addressing the structural issues that exacerbate inflation and unemployment? By failing to address these questions, Ngafuan has positioned himself as a passive observer of economic decline, rather than an active architect of recovery14.


Public trust is a cornerstone of any government's legitimacy, especially in times of economic hardship. When leaders repeatedly project fear and uncertainty, citizens lose faith in the government's ability to navigate crises. Ngafuan's defeatist tone risks alienating the very people he is tasked with leading. Instead of rallying Liberians toward resilience and collective problem-solving, his comments promote anxiety and inaction14.



Minister Ngafuan's comments at the GREAT project launch epitomize a leadership approach that is reactive, defeatist, and ultimately detrimental to Liberia's economic prospects. Rather than preparing for the worst, a competent leader would strive to prevent it through decisive policy reforms, innovative economic strategies, and effective crisis management14.

Liberia requires leadership that exudes confidence, inspires resilience, and fosters hope. Ngafuan must abandon the language of fear and embrace a results-oriented approach.


In times of uncertainty, true leaders rise to the challenge. They do not cower behind worst-case scenarios — they work tirelessly to create the best ones. If Ngafuan continues to prioritize excuses over solutions, Liberia's economic woes will not merely be the result of external forces; they will be the direct consequence of failed leadership14.



_________________________________________________________

Get Involved

Do you have additional facts to add to this insight or an opinion you would like to express?


Email Us



Additional Sources:


  1. https://smartnewsliberia.com/ngafuan-urges-urgent-reallocation-of-funds-as-usaid-aid-cut-hits-liberia/

  2. https://www.mfdp.gov.lr/index.php/media-center/press-release/minister-ngafuan-expresses-hope-for-liberia-s-future-on-jjr-216th-birth-anniversary

  3. https://smartnewsliberia.com/minister-ngafuan-calls-usaid-funding-freeze-a-significant-blow-to-liberias-development/

  4. https://www.mfdp.gov.lr/index.php/media-center/press-release/at-great-project-launch-finance-minister-ngafuan-urges-reprogramming-of-projects-amid-usaid-aid-cut-to-boost-liberia-s-progress

  5. https://thenewsnewspaperonline.com/completely-misunderstoodngafuan-refutes-economic-prayer-claims/

  6. https://frontpageafricaonline.com/business/economy/usaid-freezes-51-million-in-liberia-development-projects/

  7. https://www.womenvoicesnewspaper.org/ngafuan-proposes-project-reprogramming-amid-usaid-aid-cuts/

  8. https://liberianinvestigator.com/business-news/economy/european-union-signs-us21m-grant-agreement-with-liberia-amid-usaid-aid-suspension/

  9. https://smartnewsliberia.com/gol-launches-30-million-great-project-amid-financial-strain/

  10. https://www.imf.org/en/News/Articles/2015/09/14/01/49/pr11337

  11. https://dubawa.org/false-supreme-court-did-not-order-liberias-finance-ministry-to-pay-seven-suspended-lawmakers/

  12. https://allafrica.com/stories/202503210326.html

  13. https://www.mofa.gov.lr/sites/default/files/documents/OPENING%20REMARKS%20BY%20HIS%20EXCELLENCY%20AUGUSTINE%20KPEHE%20NGAFUAN_1.pdf

  14. https://allafrica.com/stories/202503040510.html

  15. https://mfdp.gov.lr/index.php/media-center/press-release/gol-and-world-bank-to-launch-governance-and-accountability-project-to-boost-public-services-and-strengthen-institutions.Prepare for the Worst: Finance Minister Ngafuan Cautions

  16. https://www.mfdp.gov.lr/index.php/media-center/press-release/statement-delivered-by-augustine-kpehe-ngafuan-minister-of-finance-and-development-planning-designate-at-his-confirmation-hearing-before-the-ways-means-finance-and-budget-committee-of-the-honorable-liberian-senate.Prepare for the Worst: Finance Minister Ngafuan Cautions

  17. https://frontpageafricaonline.com/news/liberia-finance-minister-ngafuan-acknowledges-u-s-aid-cut-impact-outlines-govts-alternative-plans/.Prepare for the Worst: Finance Minister Ngafuan Cautions.Prepare for the Worst: Finance Minister Ngafuan Cautions

  18. https://www.liberianembassyus.org/in-the-news/joint-statement-2nd-round-of-the-u-s-liberia-partnership-dialogue.Prepare for the Worst: Finance Minister Ngafuan Cautions

  19. https://eyewitnessnewssl.com/with-us-aid-suspendedeu-boost-liberia-with-21m-in-new-grant/


コメント


bottom of page