Liberia is widely expected to be elected Chair of the ECOWAS Bank for Investment and Development when Finance Ministers of the regional bloc convene for their 12 Ordinary Meeting of the Bank's Board of Governors in Monrovia.
Convened for the first time in Liberia, EIBD was established by the Authority of Heads of States of ECOWAS as far back as 1979, as the ECOWAS Fund. The Bank has since seen radical, transformative changes, culminating in 1999 into two holding companies.
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