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U$75m allocated for small Liberian businesses

Jonathan Grigsby (jogrigsby7@gmail.com):776069170
A woman sells cookware and crockery in a small shop in kakata, liberia
A woman sells cookware and crockery in a small shop in kakata, liberia

MONROVIA, LIBERIA-The Chief Executive Officer of the Public Procurement Concession Commission (PPCC), Dorbor Jallah, says U$75m is being set aside for small businesses in Liberia.

Mr. Jallah said: “The amount is meant for the Small Business and Improvement act of Liberia.” He also said the businesses in question are those providing services for various government ministries and agencies.

The PPCC Boss made the statement Tuesday, April 19, 2016 when he appeared on the National Broadcaster, ELBC.

“Under the act a total of 242 businesses have been registered so far and out of this number, 165 are Liberian-owned, while 74 are foreign-owned,” he noted.

Mr. Jallah further noted: “The frame-work agreement between the PPCC and various Government Ministries and Agencies is intended to facilitate the execution of government’s budget before the National Budget is passed.”

 


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