President George Weah over the weekend constituted a Business Climate Working Group with a mandate to explore evolving challenges, and prospects of the Liberian business environment, and work out helpful plans and strategies towards improvement, an Executive Mansion has said in a release.
The President, according to the release, has directed the Working Group to identify quick “low-hanging fruits” in the business climate, and deliver them in the shortest possible time.
President Weah has also requested the Working Group to submit a “Plan of Action” to his office to enable him take appropriate actions that will address challenges within a reasonable period.
The biting decline in Liberia’s business environment over the last four years has come to the attention of the President, and therefore, he finds it an exigent imperative to act as swiftly as possible to resolve the situation.
The Business Climate Group, the release said, is further requested to deliver its preliminary report to the President within six weeks.
The members include the ministries of Finance and Development Planning as chair; State and Presidential Affairs; Commerce, and Labor.
Others are the Liberia Revenue Authority, Liberia Business Registry, Liberia Chamber of Commerce, Liberia Business Association, Representatives from the International Development Community and the National Investment Commission.