Beijing – The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) has approved Liberia’s membership at its Fifth Annual Meeting held in Beijing, China, on Tuesday, July 28, 2020. This approval comes as President George Manneh Weah seeks to expand Liberia’s global economic leadership and presence to foster regional cooperation, economic development and integration. With the membership approved, Liberia stands to benefit from the announced US$ 10 billion COVID-19 pandemic support package for member countries. He used the occasion to thank President George M. Weah for his leadership in Liberia’s economic and infrastructure transformation. In addition, he thanked his team and other actors who worked tirelessly to actualize Liberia’s membership efforts within the bank.

Source: Front Page Africa July 28, 2020 14:26 UTC