“This study is a critical assessment of how Liberia is implementing the desired mechanisms for improved effectiveness of aid. It seeks to determine how funds and knowledge are transmitted to Liberia and how recipients and donors are interacting in such processes. It is an examination of how aid is being delivered and coordinated at country level with particular focus ownership of national priorities and mutual accountability. The study elaborates on national ownership both regarding development of national planning strategies and improving capacity of local institutions to improve participation. It is followed by a description of efforts made towards improving public financial management and procurement systems. There is also a review of the partnerships being re-kindled with the international community, multilateral and bilateral donors, with an emphasis that these partnerships are now supportive of country-led initiatives. Finally there is a concluding section with recommendations.”