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President Weah meets Liberia Business Association

Kolubah Zayzay/Maximilian Kasseh, Jr.
President George Manneh Weah of Liberia
President George Manneh Weah of Liberia

MONROVIA, LIBERIA-In furtherance of his quest to make Liberians proactive in their own economy, President George Manneh Weah on Monday met with the Liberia Business Association (LIBA) in the Cecil Dennis Auditorium at the Ministry of Foreign Affairs in Monrovia.

The LIBA Delegation informed President Weah about the numerous challenges they are faced with, which remain major setback to the progress and growth of Liberia-owned businesses.

The business delegation said the high interest rate on loans is among the main obstacles to the growth of Liberian businesses.

They, however, stated the need to empower them ease the current stress Liberian-owned businesses are faced with.

The business community much-admired the President for taking the lead to listen to their plight.

According to an Executive Mansion release issued Monday, February 5, 2018, the LIBA Delegation congratulated the President on his inauguration as Liberia’s 24th President and pledged their commitment to working with his administration.

Responding, President Weah reassured the LIBA Delegation of Government’s unwavering support and commitment in making sure they succeed.

The President re-emphasized that Liberian businesses will prosper under his administration, and that Liberians will no longer be spectators to their own economy, and promised to meet with stakeholders who are connected to the business sectors of the Country to ensure that Liberian businesses develop.

The meeting was attended by several representatives from various sectors of Liberian business community, including the Tailors’ Union, the Patriotic Entrepreneurs of Liberia (PATEL), the Paynesville Business Association and Petty Traders.

It can be recalled that at the close of last month, President George Weah met with importers of rice stepping up efforts to ensure the price of the Nation’s staple food is substantially reduced and made affordable for ordinary Liberians.

The Liberian Chief Executive said his Government was fully prepared to work with rice importers in every way possible to reduce the price of rice, which is also referred to as ‘political commodity.’

President Weah said it is intolerable that in the midst of acute hardship and mass unemployment the price of rice continues to increase, adding:” I am willing to work with you and resolve all the issues that underpin the galloping price of rice so that our people will buy.”

President Weah said if Government imposed-tax is an issue, you can rest assure that my Government is more than ready to grant reasonable adjustments in the tax regime to make the reduction of rice price possible.

The President averred that the reduction of the prices of essential commodities is inextricably integral to his administration’s pro-poor agenda.

Speaking earlier, the rice importers told President Weah that they are willing to dialogue with government to ensure that the price of rice is reduced.

Today, after that held meeting, there has been minimum reduction on the price of rice. This is a step in the right direction, considering the constraints rice importers are faced with.

 


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