The Liberia Council of Churches (LCC) said it has set up the Ecumenical Economic Policy Committee (EEPC), as part of its civic responsibility to the nation and its people to study the country’s prevailing economic situation and recommend sustainable strategies to be shared with the government to complement its drive to address the serious inflation and economic crisis in the country.
Ecumenical referred to efforts by Christians of different Church traditions to develop closer relationships and better understandings. It efforts are also geared towards the visible and organic unity of different Christian denominations.
The EEPC is composed of highly committed and seasoned technocrats chaired by Dr. Togba-Nah Tipoteh and co-chaired by David Vinton and Francis “Chuchu” Horton, both former officials of then National Bank of Liberia, now Central Bank of Liberia.
The LCC, in a release, acknowledges that economic hardships on a vast majority of the people could pose serious challenges to our national development efforts, and also lead to unwarranted consequences that could even undermine the stability of the State.
The EEPC has already started its work, according to its mandate, to hold consultations with various stakeholders, including Public and Private Actors and institutions.
The LCC acknowledges that there has been several attempts by the government to reduce the high cost of living standards of Liberians and it has proved challenging; the mandate of the EEPC is therefore not a quick solution, but a thorough study to recommend to government and development partners sustainable measures that will benefit all and sundry.
On July 28, the EEPC held consultations with a group of farmers, workers, women, businesses and marketeers; but it is expected to broaden the scope of the consultations to include other actors such as heads and technocrats of relevant ministries, public agencies, and relevant legislative Committees on August 15.
It will also hold community outreach engagements in the New Kru Town area, Gardnersville and Schefflin Town/RIA Highway areas.
The EEPC, according to the release, is looking forward to executing its mandate in consultation with relevant functionaries of government, national stakeholders and development partners to avoid duplication of efforts and waste of resources.
By the end of September this year, the EEPC, following the release signed by LCC’s president Kortu Brown, said it will present its premier findings to the LCC, which will present an opportunity for an informed dialogue with the government on ways Liberia’s economic challenges can be addressed.