Liberia-Economy-Dialogue

Liberia’s national economic dialogue kicks off in Monrovia

APA-Monrovia (Liberia)

A three-day national forum aimed at resuscitating the Liberian economy kicked off on Wednesday, September 4, at the newly-constructed Ministerial Complex in Congo Town, outside Monrovia.

It can be recalled that recently lawmakers during the Presidential-Legislative Retreat in Margibi County proposed a meeting with a mono-agenda of addressing the current economic challenges the country is faced with.

The National Economic Dialogue (NED) organized by the National Economic Dialogue Secretariat under the theme: "National Economic Revival and Growth. Critical Issues, Challenges and Way Forward," ends of Friday, September 6 is being supported by the United Nations Development Program (UNDP); European Union (EU); United States Agency for International Development (USAID) and the Economic Community of West African States (ECOWAS).

It is intended to foster speedy recovery of the Liberian economy to ensure growth, peace and prosperity for the country.

The downturn of the Liberian economy has been blamed on the country’s fragile economy, the growing wave of inflation, which has prompted depreciation of the Liberian dollar, as well as the low generation of foreign exchange which has been further exacerbated by the sharp drop in prices of Liberia’s primary export commodities on the world market.

Information Minister Lenn Eugene Nagbe recently assured Liberians on a local radio talk show in Monrovia that the Government of Liberia will do everything possible to ensure the recalibration of the economy.

"The government is currently engaging people at various levels, including political leaders and civil society organizations, in order to constitute a national dialogue aimed at addressing the downward
trend of the economy," the official spokesperson of the Liberian Government noted during his interview.

He stressed President George Weah's position on sustaining the peace of Liberia, noting: "Every Liberian has vested interest, but they should assure that the peace and security of our country remain at the top of everyone's agenda."

Citizens are confident that short, medium, and tong-term solutions can be found through depoliticized dialogue.

TSS/abj/APA

React to this article