Liberia: Finance Minister Predicts Negative Economic Growth In 2020, Eyes Support to Vulnerable Citizens - News Summed Up

Liberia: Finance Minister Predicts Negative Economic Growth In 2020, Eyes Support to Vulnerable Citizens


Finance and Economic Planning Minister Samuel Tweah appeared as guest on a live stream panel discussion Monday hosted by the US Institute for Peace (USIP) in partnership with the World Bank Group (WBG). Monrovia – Finance and Development Planning Minister Samuel Tweah has predicted negative economic growth in Liberia this year, as a result of the deadly Coronavirus outbreak in the post-conflict nation. According to the Liberian Finance Minister, Liberia will continue to experience economic difficulties depending on the Coronavirus response to the nation. But Minister Tweah maintained that a response to the pandemic in Liberia must firstly address the private sector, including petty traders and marketers. According to the Liberian Finance and Development Planning Minister, Coronavirus induced economic weaknesses will aggravate debts across the African continent, adding that, “as Minister of Finance, this is the biggest headache I’m dealing with”.


Source: Front Page Africa May 14, 2020 00:56 UTC



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