Liberia: World Bank Pledges Renewed Support to Liberia's Development Agenda

22 April 2013

In response to a detailed summation of postwar Liberia's financial growth and development challenges from Finance Minister Amara Konneh, the World Bank has pledged to leverage financial resources needed to jumpstart the country's medium term development agenda, the Agenda for Transformation (AfT).

Making the disclosure last Wednesday in Washington, D.C. during high level stakeholders meeting with donors and the visiting Liberian delegation, World Bank Country Manager for Liberia, Ghana and Sierra Leone, Mr. Yusufu Crookes, disclosed the Bank will work with the Government to develop a framework through which the Bank's supports would be channeled. "We will be more than happy to help Liberia," Mr. Crooks assured. The World Bank official lauded the Liberian Government for opening up its fiscal space, indicating that such a bold move has reduced the risks associated with financial assistance, especially in the form of loans.

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