Speaking following the Executive Board’s discussion of Liberia, Mr. Zhang said: “The COVID-19 pandemic came at a time when a consensus on the need for broad-based reform in Liberia had finally emerged, but when macroeconomic conditions remained challenging. The IMF said the pandemic is hitting Liberia at a time, when economic activity was already declining. “The COVID-19 pandemic came at a time when a consensus on the need for broad-based reform in Liberia had finally emerged, but when macroeconomic conditions remained challenging. The initial response to the pandemic, including the emergency food aid program, is welcome, but more remains to be done. the passage of the agreed FY2021 budget with high-quality revenue measures is key to addressing the COVID-19 crisis.

Source: Front Page Africa June 15, 2020 05:58 UTC