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    Home»Business»Sweden to Withdraw More Than US$200 Million in Development Support as It Closes Embassy in Monrovia by 2026
    Business

    Sweden to Withdraw More Than US$200 Million in Development Support as It Closes Embassy in Monrovia by 2026

    Whistle Blower LiberiaBy Whistle Blower LiberiaDecember 6, 2025No Comments2 Mins Read
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    By Togar Alexander Bealded

    Monrovia, Liberia — Liberia is set to lose more than US$200 million in long-term development assistance as Sweden one of the country’s most reliable and influential donors announced it will phase out all bilateral support and close its embassy in Monrovia during the course of 2026.

    In an official statement, the Embassy of Sweden accredited to Liberia and Sierra Leone confirmed that the Swedish Government has taken the “difficult decision” to end its bilateral development cooperation with Liberia due to reduced global funding for its aid budget. The phase-out will be completed by the end of August 2026.

    The financial implications for Liberia are significant: Sweden has been one of the top contributors to governance reforms, gender equality programs, rural development, education initiatives, and the strengthening of democratic institutions. Its withdrawal marks the end of more than two decades of strategic, high-impact bilateral support valued at well over US$200 million across various sectors.

    Other African countries affected by Sweden’s global funding cuts include Zimbabwe, Mozambique, and Tanzania.

    While bilateral programs will end, Sweden emphasized that its contributions to Liberia through multilateral mechanisms such as the European Union and major international organizations will continue. The embassy stressed that the decision is not related to political developments or domestic events in Liberia, but rather to broader financial constraints at the national level.

    “The decision to phase out bilateral support is not in any way linked to policies or events in Liberia,” the statement noted.

    Despite the exit, Sweden expressed deep appreciation for its longstanding partnership with Liberia and reassured the public that diplomatic relations will remain strong even after the embassy’s closure. The government said it intends to explore new areas of cooperation, particularly in trade and business.

    “Sweden remains a steadfast partner to Liberia,” the embassy affirmed, adding that shared values and historic ties will continue to shape future engagement between the two nations.

    Sweden’s departure raises questions about funding gaps for several ongoing programs especially in gender justice, rural livelihoods, and public sector reform areas where Swedish support has been especially impactful. Civil society organizations and government agencies are expected to review program sustainability and seek alternative funding sources as the phase-out progresses.

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