‘Private Sector Key in Socioeconomic Development’

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Group photo of presenters and participants of the one-day Business Climate Stakeholders’ Forum, held in Monrovia on Tuesday, December 18.

-Says Minister Tweah

Finance and Development Planning Minister, Samuel D. Tweah, says the involvement of the private sector is key in the socioeconomic development of Liberia under the Pro-poor Agenda for Prosperity and Development.

Minister Tweah, who spoke on Tuesday, December 18 at a one-day Business Climate Stakeholders’ Forum in Monrovia, said the involvement of the private sector will help the government to achieve its Pro-poor Agenda.

He promised a robust collaborative efforts of both the private sector and government, working in a relationship to strengthen the business climate, improve revenue boost and create jobs.

The World Bank Country Manager, Larisa Leshchenko, applauded the new leadership under the administration of President George Weah for taking the initiative of establishing the business climate forum, and pledged the full support and commitment of the World Bank Country office, through a working relationship with the private sector.

“Besides the World Bank, we will continue to support the Liberian government in its development drive with specific emphasis in the energy sector,’’ Leshchenko added.

At the close of the forum, participants from across all sectors of the economy stressed the need to identify some binding constraints, challenges and advanced recommendations for doing business in the country, and how measures can be taken to address some of these concerns to drive and improve revenue collection.

The forum brought together the president and members of the Liberia Business Association, Business Climate Working Group consultants, members of the Liberia Chamber of Commerce and many others.

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