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Cabinet takes critical decisions to boost economy

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The Cabinet has taken critical national decisions following careful assessment and scrupulous review of the performance update on the state of the economy, mandated appropriate austerity actions to maintain macroeconomic stability and approved the administration’s performance dashboard for priority projects.

According to an Executive Mansion release, the Cabinet reviewed the 2015/2016 Budget performance and 2016/2017 Budget forecast, as well as acted realistically in light of the economic stimulus package and objectively considered strategies for disbursing undisbursed funds for key donor-funded projects.

Meanwhile, the Cabinet has received briefings from the Ministers of Justice, Internal Affairs and Health on security related matters, prevailing disaster situation in Bong County and new cases of Ebola in Guinea.

It has however mandated relevant ministries, agencies and commissions to coordinate and mobilize efforts and resources to bring short-term relief to victims of the torrential storm, which affected a number of communities and destroyed about 800 homes including at least 3 deaths.

In a related development, the Cabinet has been informed that a Memorial Service in honor of fallen Deputy Minister for Trade and Commerce, Cyril Afam Allen, Jr. in the Auditorium of Belle Casa Hotel in Sinkor, Monrovia will take place today, Thursday, March 24. Press Release

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