Central Bank gets new governor

President George Manneh Weah has appointed a new Central Bank Executive Governor hours after Mr. Milton Weeks resigned the post on Tuesday for undisclosed reason.

President Weah on Wednesday, 4 July appointed Mr. Nathaniel R. Patray as Executive Governor of the Central Bank of Liberia (CBL) to succeed Mr. Weeks following the Senate confirmation.

Mr. Weeks served a little over two years and two months in the tenured position that runs for five years before resigning Tuesday amidst high economic pressure on the Weah administration that faces rising prices and uncontrollable foreign exchange rate.

His brief stay at the CBL saw a rapid depreciation of the Liberian Dollar against the United States Dollar leading to skyrocketing prices exacerbated by serious shortage of foreign exchange, particularly US Dollars.

But his trouble perhaps came to limelight after former President Sirleaf disclosed on the BBC that she left about US$150 million in the national reserve, and vehemently disputed claims by her successor, current President Weah that he inherited a broke economy.

There are also reliable hints that a key issue that may have compelled Mr. Weeks to resign so early is alleged refusal to use the nation’s reserves as collateral for two separate financing loan agreements the Weah administration signed with two foreign private firms, totaling nearly US$1 Billion for roads construction across the country.

In other appointments, President Weah has named Mr. Edward Sharpe as Deputy Director for Planning Research & Analysis at the National Security Agency (NSA), Emmanuel Jackson, Assistant Director for Planning Research & Analysis, and Mr. Todd Garlo, Assistant Director for Administration. The Executive Mansion says these appointments and nominations are subject to confirmation by the Liberian Senate where applicable.


The Problems with Patriotism in the Liberian Society

From scrupulous observations, it is no argument to counter the urge for patriotism in the Liberian society. Both the electronic and print media continue to flex intellectual muscles on discourse or talk shows about the inclination of many Liberians of badmouthing and castigating the country. In the belief windows or minds of the radio talk show host and guests, this attitude has always been described as unpatriotic. Certainly, this concern suggests or speaks clearly about the problems with patriotism in Liberia.

Recently, I listened to the Patrick Honnah regular bumper show on the ELBC radio 99.9. Featuring Rev. Foley Emmet Karpeh and another Liberian writer, the show not only frowned on the pessimistic or unpatriotic attitude of many Liberians, but endeavored to proffer practical approaches or remedies to the problems of patriotism in Liberia. Citing the Ghanaian society as a model of patriotism, the studio discussants referenced the lack of one common dialect or vernacular as a unifier and perhaps a catalyst for what sociologists would called the “We Feeling” or the “We consciousness” Interestingly, Rev. Karpeh recounted one of his experiences in Ghana that exemplified patriotic attitude or consciousness. According to him, about two Ghanaians went for him to the airport. While on the vehicle enroute to his accommodation, they were speaking the popular local Twi language. He voiced out his uncomforted feeling. One of the Ghanaians who happen to be the driver apologized and told him that they were talking about their problem of electricity in Ghana. He further explained that it would have been an embarrassment or perhaps shameful to discuss their problem in the presence of a stranger. In other words, one could argue or infer that the Ghanaians were very conscious about the image of their society had they discuss the problem in English.

Though being taught in Liberian schools, the discussants re-emphasized the need to re-enforce the syllables for the subject civic as one of the practical remedies. By this assertion, you can possibly infer that this suggested approach may not work well for this present generation above grade school (Elementary –senior High) ages.

Admittedly, the discussants as evidenced by all of the callers’ supportive comments and views did well to dissect the issues.
Premised on the assumption that we as mortal are limited that could justify the reasons why the discussants never thought or cover all of the problems with patriotism in Liberia, this write-up or article seeks to expose another problem that worth consideration or debate.

Arguably, one of the ways in which the spirit of patriotism can be instilled in members of the society is through the teaching of history. The history of every society not only focuses on the past and present. It influences the sense of pride, belonging as well as direction. Moreover, it utilizes the pasts that have important lessons for the present and the future. More importantly, it records legacy that has an important bearing on the lives of society member. The patriotic assertion that also illustrates a sense of pride by Ghanaians “Ghana is the best” that Liberians often referenced doubtlessly derived from the history of Ghana taught in schools.

In our Liberian society, it worth saying that there is something fundamentally wrong about how is history taught in grade schools (Elementary and Senior High schools). This problem is historic. Take for instance; in our schools curricula the syllables for history emphasize Ghana Empire, Songhay (Mali) Empire, Oyo Empire, European history etc. Less emphasis has been placed on Liberian history. In support of this claim, before the civil war, foreign teachers were teaching history in high schools. I have a vivid memory of one Mr. Youku Luke from Kenya or Somalia that taught me history in D.Twe Memorial High school probably around 1994/96. There was nothing about the history of Liberia. All of the lesson contents were European history such as Industrial Revolution, World War I & II etc. Maybe you could argue that it was what the syllable says by then. About this claim, there are few fundamental questions to be asked.

The first is; in Ghana, Mali or Nigeria, etc. do they teach the history of Liberia just as we do here? It is part of their history syllables? To answer this question, you will want to be empirical. In absence of empirical evidence, it is inconvincible that Ghana considered by Ghanaians as the best teach Liberia history in their grade schools. Even if it is taught, to what extend is another question. As for Nigeria, it is also questionable seriously. Mali that is Francophone, it is also questionable as well.
The second question is; though the history of Ghana, Nigeria, Mali empires and European history are good or relevant just as the history of Liberia. But to what extent the histories of these counties taught in our schools influence our children sense of pride, belonging for Liberia as their common patrimony? To what extent teaching Ghana, Mali, Oyo, World War I & II, Industrial Revolution, etc. are able to transmit patriotic consciousness from generation to generation?

This is not any way to imply elimination from our history curriculum if they exist. What is important is to devote more time on the history of Liberia in the class home. On the other hand, it justifies elimination from our history syllables if Liberia history is not taught in Ghana, Mali, Nigeria, European grade schools. In other words, what should we promote their history when ours has nothing to do with instilling or transmitting patriotic consciousness in their societies?

The third question is; in Ghana, Nigeria, Mali and Europe, do foreigners teach history? In absence of empirical evidence, it worth saying big “No” by virtue of the fact that it is through the teaching of history patriotism can be transmitted from generation to generation in society. In the case of Liberia, our system in past allowed foreigners to teach history in our schools. How possible for foreigners that have no allegiance, sense of pride or belonging of a society to inculcate patriotic values or consciousness through the teaching of history into our grade school going population? Tell us, we would desire the answer.

On the authority of valid research, we learned that history relates the story of cooperative actions of a large number of men and women in their quest for a better life that to a large extent influence or bring a sense of pride. Inarguably, a sense of pride can be equated to patriotism derived from history. It is part of the cultural embodiment of any society. I am sure that in the history of Liberia, the culture of cooperative actions of our ancestors prior to the arrival of the settlers for better life exists. In the history of Ghana often referenced, the quest for better life mainly during the Asante Empire reflects cooperative action by ancestor that children learned in schools as legacy. Can we in Liberia revisit our history so that our lesson contents or syllables can reflect the culture of cooperative action as a legacy that will influence our children sense of pride? Ponder about it.

It is never late to think about experimenting the crux of the argument brought forth in this article. We have a promising generation who are grade school going age. The history of Liberia has so much to offer when it comes to instilling patriotic consciousness in our promising generation or children. Let us as educators, policy makers, technocrat in education, government and more importantly the Liberian society think about crux of this article. It our quest for instilling the spirit of patriotism in Liberians, this article may be of help in term of solution.

By Ambrues M. Nebo
This email address is being protected from spambots. You need JavaScript enabled to view it./This email address is being protected from spambots. You need JavaScript enabled to view it. +231 777531129/888093805

I did it for peace

Former Internal Affairs Minister and ex-senatorial candidate Dr. Henrique F. Tokpa reflects on the 2014 senatorial dispute with now Vice President Jewel Howard Taylor, four years after he won the case at the Supreme Court, but gave up his right to re-contest for the seat against Jewel.

“Many of us know that in 2014, I was in a heated race or the senatorial race; it was declared that I lost. I challenged the result up to the Supreme Court. The Supreme Court ruled in my favor but for the peace in Bong County, for the peace of our people; given the information that I heard, what could have happened at that poll, I decided to wave that election. And I said in my faith, for peace in Bong County I will not re-contest even though I won the Supreme Court case but I will not contest because I want peace in the county. I was not going to sacrifice anybody blood just because I wanted to be a senator. I did not want to be a senator for disunified county”, Dr. Tokpa explains in at recent forum in Bong County.

Serving as a guest speaker in Sanoyea, Lower Bong County recently the former Internal Affairs boss maintains that he let go everything between him and former senator Jewel Howard Taylor for the sake of peace and the people of Bong.

According to him, given the information he gathered about what could have happened at the poll, and taking into consideration that he needed not to share blood to win or lead a disunified county, he decided to forget about everything.

He had challenged results of the poll from several precincts in electoral district#7 citing irregularities at Sanoyea Market, Yarbayeh Public School and Bletenda Palava Hut, respectively in lower Bong County.

The National Elections commission upheld the results, but Dr. Tokpa sought an appeal at the Supreme Court.
However, weeks after the Supreme Court issued its order for a re-run, Dr. Tokpa announced his withdrawal from the re-run saying, he only wanted to prove that there were irregularities that denied him the chances of winning.

That crucial re-run election paved the way for Madam Jewel Howard Taylor, who was seeking re-election, to ascend to the nation’s highest office after her ex-husband (former President Charles Ghankay Taylor’s) National Patriotic Party or NPP collaborated with the Congress for Democratic Change or CDC and the Liberian People Democratic Party or LPDP to form the Coalition for Democratic Change or CDC, which won the 2017 presidential election going as running mate to George Manneh Weah and eventually emerging as Liberia’s next Vice President.

Dr. Tokpah had already declared his intention to contest the upcoming Bong County Senatorial by-election, joining what is becoming a crowded field of candidates against former Superintendent Selena Polson Mappy, ex-Ambassador Jeremiah Sulunteh, Emmanuel Lomax, and Attorney James Syabay, among others.

The upcoming senatorial by-elections are for two vacancies in the Senate created by the election of Senators George Weah of Montserrado County as President and Jewel Howard Taylor of Bong County as Vice President, respectively of the Republic of Liberia.

By Ramsey N. Singbeh, Jr. in Margibi-Editing by Jonathan Browne

Redemption Hospital risks shut down

Liberia’s Chief Medical Officer Dr. Francis Kateh says if nothing is done to remedy a financial crisis at the Redemption Hospital in New Krun, the closure of the facility and other government - run facilities is about to happen.

Dr. Kateh told ECOWAS Radio on Thursday, 12 April that Redemption Hospital and three other public health facilities in the Southeastern region of Liberia are facing serious financial crisis.

Redemption Hospital is one of Liberia’s major referral hospitals, but Dr. Kateh says he has received calls from these major hospitals complaining that they do not have funding to carry out their regular hospital activities and pay vendors.

The health official says he has spoken to the Minister of Finance to expedite the release of funding allocated to the affected institutions to enable them meet their obligations.

According to Dr. Kateh, he visited Redemption Hospital on Wednesday, 11 April and put in place a mechanism to ensure that the hospital becomes fully operational so that patients do not lose their lives.

He has also promised to reach out to other affected hospitals in the Southeast, indicating that health authorities will ensure that services are restored to save the lives of Liberians.

Dr. Kateh says the Ministry of Health is working with all the key stakeholders to ensure that the issue of healthcare is fully addressed.The looming interruptions in the operations of several of Liberia's major health facilities have sparked major concerns in several of the Country's poor communities.

This comes in the wake of the Country's desire to focus on preventive care for a healthy nation.Dr. Keteh says the hospital is in dire need of funds, drugs and other essential materials to effectively provide medical services to patients.

He says the hospital has and continues to provide free medical treatment to vulnerable population of the country who lack the means of paying their medical bills for treatment that the hospital provides.

Dr. kateh says it is disheartening to see Redemption Hospital on the verge of closing down its operations simply because of many challenges it faces.Earlier receiving Dr. Kateh at Redemption Hospital, the Administrator Mr. Dominic R. Rennie informed Dr. Ketteh that the hospital did not have operational funds which make effective operations difficult.

By Bridgett Milton & Emmanuel Mondaye--Edited by Winston W. Parley

‘I fail if Weah fails’

Former Liberian President Ellen Johnson - Sirleaf says she fails if her successor President George Manneh Weah’s administration fails, thus vowing to do what she can to make Mr. Weah’s government succeeds.

“Because if he fails, I fail and Liberia fails. So that’s why we all must do what we can to build that relationship to make sure … Liberia succeeds in this administration,” she told an interview Tuesday with her former Information Minister Atty. Lawrence Bropleh on state broadcaster ELBC.

Mrs. Sirleaf says she is obligated to doing whatever she can do to ensure that President Weah’s government is successful. The former Liberian first female elected President says she has a very good relationship with her successor President Weah, noting that she likes to see that good relationship maintained.

Responding to criticisms that she is being branded here as “wicked person” during the interview, Mrs. Sirleaf said “one or two wicked people” are calling her wicked person because she did not meet their political desire.

Her response to such criticism comes months after being expelled by former ruling Unity Party (UP) following her former Vice President Joseph Nyumah Boakai’s defeat in a presidential election last year.

Mrs. Sirleaf said people sought her support for the presidency and she frankly told them they can’t be president. “So people say come and support me, I want [to] be president, I tell you frankly you can’t be president … yeah, just like that and they know it. You see then they will go they will hold that against me, then they will go talk about me,” Mrs. Sirleaf notes.

Though Mrs. Sirleaf did not mention Mr. Boakai in her interview, but the former ruling Unity Party (UP’s) presidential ticket featuring her former vice president and former Speaker Emmanuel Nuquay was full of claims that she did not support Mr. Boakai’s quest to succeed her.

Mr. Boakai lost the election to former opposition Coalition for Democratic Change (CDC) candidate Mr. George Manneh Weah who became Liberia’s 24th President in January.

The immediate past female president says she observes that people have their own idea about what one should do or give, and when their own criteria is not met, they begin to talk about you.

“So where is it, where is it coming from? It’s just coming from one or two wicked people. Part of it political you know because I don’t meet whatever they felt was their political desire that I did not measure up to,” she adds.

She argues further on the issue of being branded a “wicked” person that people who have been with her over the years are still with her. She gives an instance that in her yard today, Mr. David Doe, the man that worked with her as messenger while she was just an Assistant Minister in the 70s at the Ministry of Finance is still with her.

To get clues to why people may be calling her wicked, former President Sirleaf says she she is a disciplinarian, elaborating that when she sends someone to buy something for her, she demands her change.

She says she helps to pay tuition for somebody who cannot work, but if she sees that you can work, she would send you to Mary to find work for you, apparently referring to her former General Service Agency Director General Madam Mary Broh who continues on the job in the Weah - led administration.

“But you come in and I see you can work, I say go to Mary I will tell Mary to find you work. Earn so you can have your honor and your dignity. If I say no, maybe they call that wicked,” she says.

Mrs. Sirleaf is cleared that for people who just want freebies, she is not used to freebies because she earns everything she has, saying “I work for it and I expect people to work for theirs.”

By Winston W. Parley

SOS Children’s Villages Liberia promote gender equity

A cross section of staff at the SOS Children's Villages Liberia National Office, including National Director Augustine Allieu (4th from right).

Gender inequality in workplaces continues to be a subject of concern across the world, particularly in developing countries. From the private to public sectors the situation remains a serious challenge.

SOS Children’s Villages seems committed to changing this paradigm, as the current National Management Team has sought to make its senior management team more gender friendly. “Bridging the gap between genders and placing qualified and/or potential women in senior management positions remains a priority”, notes Augustine Allieu, National Director.

In order to achieve this, SOS Liberia has as one of its strategic directions to “be an employer of choice, continuously working to improve the overall work environment and working conditions and building a family of committed and trustworthy co-workers; secondly to identify qualified and potential co-workers and invest in local capacity building of national staff, with a focus on gender equality”.

The SOS Liberia National Association (NA) launched a “gender in the workplace initiative “by first of all announcing two gender champions who will lead the rest of the organization in ensuring an engendered workplace generally.

Since late last year, the NA has improved the ratio between males and females on the National Management Team to 50:50. Currently, more than half of the co-workers are females although this has not been reflected at the management level for a long time.

“Making female participation a priority in National Management discussions is highly encouraging”, notes Mrs. Sophie Ndong, Regional Strategy and Brand Advisor.
“This is just a start, as we hope to ensure gender cuts across not only our HR practices but all our programmes as well”, says Mr. Allieu. This approach is not only in conformity with the MDG Goal 3 of the United Nations, or the UN Convention on the Elimination of All Forms of Discrimination against Women, 1979, (CEDAW), or the SOS Children’s Villages International Gender Equality Policy, it is also the right thing to do”, he concludes.

“The inclusion of qualified women on the current National Management Team signifies an equitable participation and representation of all,” Mrs. Miatta Sherman Jallah (Fund Development and Communications Manager), espoused, adding, that “it is a sincere attempt to get everyone on board to be part of decision making and development”.

Gender inequality in Africa is a multi-layered and complex issue. Women are principal victims, with different forms of inequality both in families and at workplaces. In a report released by the UNDP in 2017, it was found that women achieve only 87 per cent of the human development outcomes of men and only make 70 cents for each dollar made by men.

According to the World Bank, over 66 percent of Liberian females, age 15 and older, participate in some form of employment. Most of their employment is in the informal sector. This figure from the World Development Indicators put the percentage at 11.4, much lower than the Sub Saharan Africa average of 32 percent.
Although Liberian women continue to make strides in attaining gender parity in key decision-making positions nationally, however prior to the current administration women occupy 5 out of 21 Cabinet positions, 5 out of 36 legislator positions, and 5 out of 15 county-superintendent positions.

Moreover, there are also 2 women on the five-member Supreme Court bench. To promote gender inclusivity, Liberian legislators have introduced a “Fairness Bill” that requires at least 30 percent female representation in political offices and political parties’ leadership positions, a bill that is yet to be fully executed.

Pro-poor lawmakers enjoy protection

The Liberian government’s much publicized “pro-poor agenda” appears to be rapidly becoming another Animal Farm story or cow pu-pu agenda as the reality on the ground seems completely different from what is on paper.

Read more ...

Sen. Cooper receives lashes

Margibi County Senator Oscar A. Cooper receives lashes here for opposing the appointment and subsequent confirmation of former Speaker Emmanuel Nuquay as Director General of the Liberia Civil Aviation Authority or LCAA.

A prominent citizen of the county, Mr. Andrew Nelson Yancy, who is also Project Manager of Steinbock Liberia Limited, a private firm based in Margibi, expresses dissatisfaction over Senator Cooper’s opposition when he spoke to reporters recently in Kakata.

Following Mr. Nuquay’s nomination by President George Weah to head the LCAA and his subsequent confirmation by the senate, Senator Oscar Cooper wrote plenary, expressing his descending views against the confirmation.

He notes that the appointee does not have 10 years experience as required by the act that created the Liberia Civil Aviation Authority.

Senator Cooper maintains that Mr. Nuquay, who gave up the Speaker post and contested as running mate to ex-Vice President Joseph Boakai in 2017, has no knowledge on civil aviation, so making him head of that institution could pose challenges, including security threat.

But speaking to reporters recently in Kakata, Mr. Yancy argues that the senator’s opposition to his kinsman speaks of his ingratitude and also shows Margibians that they have to be careful in who they elect as leaders.

According to him, before ascendency to the senate, Mr. Cooper was very little known in Margibi, but his hands were raised by Nuquay to gain the prominence that he (Sen. Cooper) now enjoys.

He says it is a shame that out of 28 senators, only Senator Oscar Cooper came holds descending view, which means that he does not even have support in the senate, but is single-handedly operating because he is always on the losing side when it comes to pushing issues across the floor.

The Chairman of the Governing Council of the ruling Coalition for Democratic Change, Chief Cyril Allen recently voiced his opposition to the appointment of former Speaker James Emmanuel Nuquay as Director General of the Liberia Civil Aviation Authority and his subsequent confirmation by the Liberian Senate.

In an interview with OK FM, a local radio station in Monrovia, Chief Allen cited the "Civil Aviation Act of 2005" Sub-chapter II Section 203 under Appointment and Qualifications of the Director General, which states among others, “The Director General shall be appointed with regard to being properly qualified and experienced in civil aviation for the efficient discharge of the powers and duties vested in and imposed by this Act.”

Mr. Nuquay holds a BSc degree in Economics from the University of Liberia and is a graduate of the Louis Arthur Grimes School of Law from the same state-run university.

But Chief Allen stresses that the former Speaker lacks technical qualification as required by the "Civil Aviation Act of 2005" to head the LCAA.

He notes that the country is not bankrupt of qualified personnel in civil aviation and names at least five Liberian professionals, including Capt. Moses J. Weefer, and Randolph Cooper, among others, who could instead, effectively run the institution based on competence.

He warns that the appointment could face some international challenges because Liberia is a member of the world civil aviation authority and there are global standards that should be met.

The CDC Governing Council Chair thinks those who recommended the former Speaker to President George Manneh Weah for appointment to the post, did so to embarrass the President, cautioning, “A gift from a wicked man is a trap; I don’t want somebody to embarrass our President tomorrow.”

However, Rivercess County Senator Dollar Gueh, disagrees with Chief Allen, defending that Mr. Nuquay is a professional manager, capable of steering the affairs of the LCAA.

He cites count two of Section 203 of the "Civil Aviation Act of 2005" under Sub-chapter II that states: “At the time of nomination, the Director General shall have at least ten years management or similar technical experience in a field directly related to aviation.”


Editing by Jonathan Browne

Vers un financement durable du développement

WASHINGTON – Il faudra consacrer chaque année des milliers de milliards de dollars au titre de la coopération, de l'investissement et de l'aide pour atteindre les Objectifs de développement durable de l'ONU d'ici 2030. Même si les estimations varient beaucoup suivant les sources, un rapport de l'ONU datant de 2014 indique qu'il faudrait investir 7 000 milliards de dollars exclusivement à l'amélioration des infrastructures. Mais quel que soit le chiffre final, ces sommes excèdent les possibilités de beaucoup de pays. C'est pourquoi les dirigeants politiques soucieux de parvenir aux 17 objectifs de développement durable espèrent que leur secteur bancaire fournira l'essentiel du financement.

C'est là un espoir raisonnable. Dans les pays émergents, les banques détiennent plus de 50 000 milliards de dollars d'actifs. Autrement dit, leur participation serait un atout considérable pour le financement du développement durable.

Or actuellement beaucoup d'organismes prêteurs n'ont pas les moyens d'évaluer correctement les risques (financiers, environnementaux, sociaux et de gouvernance) liés à ce type de projet. Si la communauté internationale veut atteindre les Objectifs du développement durable, elle doit renforcer ses pratiques en matière de financement durable.

Heureusement, la collaboration entre différentes institutions produit déjà des résultats fructueux. En mai 2012, les organes de régulation bancaire de 10 pays ont demandé à mon organisation - La Société financière internationale du groupe La Banque mondiale - de les aider à établir un Réseau bancaire durable (SBN, Sustainable Banking Network) destiné à financer des projets verts favorables à l'environnement et socialement inclusifs. Depuis sa création, ce réseau s'est étendu à 34 pays dont les banques détiennent 42 600 milliards d'actifs - soit plus de 85% des actifs bancaires des pays émergents.

Aujourd'hui le SBN met en contact organismes régulateurs, banques et agences des pays émergents pour améliorer leurs pratiques financières en matière de développement durable. Ce que ces derniers ont fait jusqu'à présents, bien qu'entièrement volontaire, a déjà des conséquences mesurables. Ainsi en 2016 le SBN est devenu un partenaire central du Groupe d’étude sur la finance verte du G20 qui a favorisé les progrès du programme de finance verte du G20 et il a souligné l'importance de la prise en compte des risques environnementaux au sein des systèmes financiers.

Par ailleurs, en phase avec les meilleures pratiques internationales, nombre des économies les plus importantes du réseau ont adopté des mesures destinées au financement durable. Toutes ces mesures encouragent les organismes régulateurs des pays membres et non-membres à accroître leur aide en faveur des prêts socialement responsables.

Pour maintenir cet élan, le SBN a besoin d'outils de mesure précis des progrès. C'est pourquoi la Société financière internationale vient de publier son premier Rapport annuel sur les progrès du SBN. Avec le soutien de la Société financière internationale, à l'unanimité de ses membres (organisations et pays), le SBN a conçu un cadre destiné à identifier l'adoption et les conséquences des mesures qu'ils auront prises. Cela a exigé un niveau de consensus international remarquable qui ouvre de nouvelles perspectives pour l'analyse du secteur financier.

Le rapport félicite tout particulièrement 8 pays membres du SBN (le Bangladesh, le Brésil, la Chine, la Colombie, l'Indonésie, la Mongolie, le Nigeria et leVietnam) pour les mesures innovantes qu'ils ont pris. Ils ont notamment introduit des programmes de surveillance transparents et à grande échelle des transactions et une nouvelle réglementation qui exige des banques qu'elles prennent en compte les risques sociaux et environnementaux dans leur processus de décision. Ces pays, grâce à des mesures incitatives sur les marchés, encouragent les banques à financer davantage de projets favorables à l'environnement.

L'un des objectifs de ce rapport annuel est de tirer les enseignements de ce qui c'est déjà passé et de documenter les perspectives - ce qui encourage le secteur bancaire à s'engager dans d'autres réformes utiles. De ce point de vue, la Société financière internationale considère ce premier rapport essentiellement comme une épure destinée à accélérer le changement et à le rationaliser.

Il reste encore beaucoup à faire pour améliorer le financement durable dans les pays émergents. Ainsi le SBN vise-t-il maintenant à aider les pays en développement à profiter des opportunités d'investissement liées au réchauffement climatique. Le rapport de la Société financière internationale évalue ces opportunités à quelques 23 000 milliards de dollars. Le réseau bancaire durable veut aussi accélérer la croissance du marché des obligations vertes, ce qui inciterait d'autres éléments du système financier mondial à participer aux initiatives destinées au financement durable.

Quoi qu'il en soit, les membres du SBN peuvent s'estimer satisfaits. En seulement 5 ans, il est passé de l'état de projet ambitieux à un réseau composé d'organisations centrées sur le développement, d'organismes de régulation, de banques et de responsables politiques qui s'impliquent véritablement. Ainsi que je l'ai déjà dit, avec l'aide du SBN, les pays engagés dans la construction d'un meilleur cadre financier traduisent leurs idées dans la réalité.

Mettre fin à la pauvreté, protéger la planète et construire un avenir plus équitable pour l'humanité (la perspective à long terme des Objectifs de développement durable) sera coûteux. Mais avec la structure financière adéquate et de nouveaux outils pour mesurer les progrès, les banques pourraient s'engager dans les investissements que nous faisons aujourd'hui sans se mettre en danger.

Traduit de l’anglais par Patrice Horovitz

Ethiopis Tafara est vice-président de la Société financière internationale, spécialisé dans les questions de risques d'entreprise et de développement durable, et conseiller juridique.

par Ethiopis Tafara

Internal Affairs Minister wants Liberians improve agriculture sector

Internal Affairs Minister Varney Sirleaf is calling on Liberians to forgo personal differences and work together for the improvement of Liberia’s agriculture sector.

Minister Sirleaf said recently that if Liberia is to move forward, there is a strong need for more attention to be given to the agriculture sector, adding that it is the most important thing in the world.

Minister Sirleaf narrates that his work will not only focus on coordinating the affairs of the Internal Affairs Ministry, but to also ensure that the necessary supports be given to the Agriculture Ministry for food productivity.

He told a cross section of citizens in Gbarnga that he will work with Agriculture Minister - designate Dr. Mogana Flomo, Jr., to ensure the implementation of plans for the agriculture sector.

Speaking about plans for the Internal Affairs Ministry, Minister Sirleaf said he will also ensure the full implementation of the Local Governance Council which he said will be followed by the election of local chiefs across the country.

He said electing chiefs will give them the full responsibility in discharging their duties without fear of being intimidated by top government officials.
Meanwhile, Minister Sirleaf has challenged newly appointed members of local government of Bong County to abide by the rule of law in all of their doings.

He wants local government officials of Bong County to respect powerless citizens and not to use their positions to terrorize them.

Local government officials of Bong County that were appointed by President George Manneh Weah include Anthony Sheriff, Assistant Superintendent for Development; Conteh Yallah, Statutory District Superintendent; Paul A. Sulonteh, Assistant Superintendent for Fiscal Affairs; Jerry Tinnie, Relieving Commissioner; Lucia Herbert, Gbarnga City Mayor, Aaron Mulbah, Fumah District Commissioner; and Daniel Tubman, Salala District Commissioner.

Other appointees include Milton Varney, Sanoyea District Commissioner; Annie Reeves, Yellequelleh District Commissioner, and Daniel O. Dudu, Suakoko District, among others.

By Joseph Titus Yekeryan in Bong--Edited by Winston W. Parley

We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…