IN A CONVERSATION with Gulf New last November, Liberian President George Manneh Weah proclaimed that Liberia was opened for business. “Liberia is open for business and we are creating the right environment that makes it seamless for investors to get a head-start,” the President declared. “Obstacles to doing business in Liberia as evidenced by the 2020 World Bank Doing Business report are a dissuading factor for individuals and corporations deciding on countries in which to set up shop”, Madam Grunder said. FOLLOWING HER ELECTION in 2005, former President Ellen Johnson-Sirleaf declared the country opened for business and launched an international effort to lure investors to the post-war nation. LAST YEAR, Forbes magazine conducted a study of countries business climate and ranked Liberia as the first on the list of the top 10 worst destinations for doing business.

Source: Front Page Africa September 25, 2020 06:45 UTC