The NEWS (Monrovia)

Liberia: Lawmaker Wants Liberia Borrow U.S.$5 Billion

Bong County Representative George S. Mulbah says he would introduce a legislation that will allow Liberia to borrow up to US$5 billion for road projects across the country.

Representative Mulbah said if the bill is passed by his colleagues, it would give Liberia the needed financial backing to open all roads that will link towns and villages to the main cities in each county.

He said the law will compel Liberia to pay back the borrowed money within 30 years.

Addressing a cross session of Bong County students over the weekend, Representative Mulbah indicated that such amount would buttress the country's national vision 2030 initiative.

The Bong County lawmaker said it is time for series of strategies to be advanced if vision 2030 must be achieved.

He warned that if the interest of the common people is not properly addressed as reflected in the vision 2030 roadmap, the document would be one of several policies being drafted in the country without implementation.

"The interests of the common people must be given serious priority, if they are to make any input in the vision 2030 document implementation. They need to have access to farm to market roads in their various counties," Rep. Mulbah noted.

Although the country's present budget for fiscal year 2012/13 is US$649.72 million, the Bong Representative said the law would supplement the budget to undertake most developmental initiatives.

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  • jamsbet
    Dec 18 2012, 07:50

    Mr. Mulbah should be serious about this legislation, Because if Liberia is connected with asphalted roads, there will be free movement of commodities and people. Tourism will be on the increase, thereby creating revenue to government coffer. Ex.one could travel from Monrovia to Harper, Sapo national Park in few hours time than what it takes now to travel to these places, because of bad roads condition.

  • Ernest
    Dec 18 2012, 10:21

    This money will again go into the pockets of our corrupt government officials and incompetent leaders. What is the Public Works minister, Kofi woods, doing with our hard earned taxes? Go see the mansion he is building in Monrovia. Go see the Minister of defense fottress. Bunch of thieves.

  • suehn2010
    Dec 18 2012, 10:07

    How many more indiots do we have in the legislature like this one. When you add up all of Liberia's budget over the last 15 years does it even come close to this amount. Do we have the resources to pay back this kind of money? Better still are we even making use of the little revenue we collect? He really does not know what it means to be a legislator.

  • ebenaddy2003
    Dec 18 2012, 15:58

    Mr.Mulbah, if the country cannot manage six hundred forty nine million how can she manage five billion. I believe as a concern Liberian that you are talking from your stomach not your brain. The 2012/2013 national budget was squander on lamakers, cabinet ministers and managing directors of public corporations/agencies. This is while the poor remains dirt poor your big dummies.

  • talk2manner
    Dec 18 2012, 17:27

    It is quite incredible that George Mulbah and his likes can show their corrupt faces in public in Liberia. George is a "representative" from Jorquelleh District, a district that includes Gbarnga. He and his cliques have not been able to complete a Community college that is paid for with funds that are provided by companies operating in the county and allocation for the county in the National Budget. Please stop patronizing these guys. They are not good for news materials. They mean no good for Liberia and Liberians. They fight for pay increment for themselves and refuse to do the same for civil servants. Shame on our socalled legislators. They are bunch of corrupt individuals parked together to mislead Liberians. $5B for what? You and your girlfriends? You are not faithful in managing the little the country has, how can you be trusted with big thing?

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