Liberia is making headway in implementing reforms, says president

Business

Liberia is making headway in implementing reforms, says president

His Excellency George Weah, President of Liberia, said his nation is making progress in actualizing a progression of changes planned for boosting its economy and defeating existing difficulties.

Talking at the Global Business Forum Africa 2019 in Dubai, H.E. George Weah said he is hopeful about Liberia's capability to turn into a strong African economy as more players in the nation's political circle cooperate to address pressing issues and improve simplicity of working together.

During the one-on-one discussion, the Liberian President shared his experiences on a wide scope of issues affecting the African nation, including corruption, cash depreciation and hyper-inflation. The previous expert football player said a several changes are in progress to create and develop Liberia's farming sector with the point of making maintainable financial development.

"We don't export or develop our nourishment. We spend millions on importing rice which isn't the proper activity. We're attempting to develop the segment so we can support ourselves. What we are attempting to do is include esteem. What we are attempting to do with the new IMF program is present outside speculation," he said.

When asked about some information on the ongoing anti-corruption drive, H.E. Weah expressed that tax issues should be tended to so as to give the correct help to business development in the nation.

"Investors need to come and we need to encourage them, however some come in and they are not honest with the people they do business with. There are a lots of companies that should develop the nation that are not paying their taxes, there are 30-50 million in the debt, yet they are not paying their taxes. In the event that you are not paying your taxes, we need you to remain, we need to harmonise your duties so you realize what you owe and you can develop," he said.

Other elevated level participants at GBF Africa 2019 incorporate H.E. Emmerson Mnangagwa, President of Zimbabwe; H.E. Carlos Agostinho do Rosario, Prime Minister of Mozambique; H.E. Ruhakana Ruganda, Prime Minister of Uganda who are taking an interest in intuitive sessions concentrating on their respective nations.

GBF Africa 2019 is sorted out by Dubai Chamber of Commerce and Industry (Dubai Chamber) under the patronage of H.H. Sheik Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.