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Govt will ensure a stable economy. Prez. Sirleaf

Arthur Douglas/Joseph T. Koon
President Ellen Johnson Sirleaf
President Ellen Johnson Sirleaf

(, Dec. 31, 2015)- The Liberian government says the stabilization of the national economy is a major challenge.

Liberian President, Ellen Johnson-Sirleaf, said amidst the huge challenges, Government is capable and has the expertise to mitigate the situation and ensure a stable economy.

President Sirleaf said: “Government is considering a number of measures toward the economic revitalization of Liberia.”

“I will announce government’s planned actions during my address to the National Legislature in January, 2016,” the President said.

The Liberian Leader disclosed that increasing support to Liberian businesses and diversifying of the economy in the agriculture and fishery sectors are some critical measures toward a stable economy.

She, however, wants Liberians get involved in the development of their country by undertaking meaningful ventures, especially in the private sector.

Meanwhile, government says it has instituted stringent mechanisms to effectively and efficiently enhance debt management in the country.

President Sirleaf said: “Government’s debt arrangements are done in line with international policies and best practices.”
“The arrangements are also done on a long term basis and that monies borrowed are infused into tangible infrastructural projects for the benefit of the country and its citizenry,” she noted.

Liberia now owes a debt in the tone of nearly seven hundred million United States Dollars.

It can be recalled that during the first term of President Sirleaf, Liberia benefited from huge debt waiver from friendly governments in response to government’s continued pleas.


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