Central Bank Executive Governor, Dr. J. Mills Jones, has received honors from 15 media institutions in Liberia for his unhindered policy of economic inclusion and poverty reduction. The Heritage, Frontpage Africa, Inprofile Daily, Evidence, Chronicle, Liberian Express and Concord Times, Corruption Watch, The Inquirer, and The Catalyst, amongst others, honored Governor Jones as their “Man of the Year” after he took steps to help raise Liberians out of poverty in 2013.
The spokesperson for these media houses, Philibert Brown remarked during the honoring program in Monrovia on Friday, that Governor Jones has gone out on a limb to pierce the heart of poverty across Liberia and taking tangible and practical action to minimize the menace.
Mr. Brown noted the 15 media houses were not bought or influenced in any form or manner to honor Governor Jones.
He said it was necessary for journalists and media institutions to honor state actors who make a difference in the interest of the people. The honoring ceremony took place at the Central Bank of Liberia’s (CBL) Warren Street office. In response, Governor Jones thanked the media houses for recognizing and understanding the role CBL is playing in ensuring not only macroeconomic and microeconomic stability, but inclusive economic growth.
The CBL boss noted that it is a responsibility of the CBL to help alleviate poverty in the country. He emphasized that “poverty is not a badge of honor for Liberians to wear.”
The CBL, under the stewardship of Governor Jones, has made great strides in making financial loans available to key sectors of the economy through the banks.
Among these sectors are the agriculture and mortgage sectors, to which the Bank has made available US$7.5 million and US$10million respectively through select banks.
The CBL has also made available nearly L$400 million to registered non-banked financial institutions such as credit unions and village savings and loans associations in rural Liberia for onward lending to market women in those parts of the country.
The fact is these media houses have been following the development of investments by the CBL and have decided to honor its Executive Governor for his sound leadership, which they said has led to the transformation of the economy and the banking industry.
Though the Daily Observer was not among the 15 media institutions involved with the honors program, the paper was one of those that honored the Governor as “Person of the Year 2013.”