The Liberia Council of Churches (LCC) announces the constitution of a 12-member Ecumenical Economic Policy Committee (EEPC) headed by veteran Economist and ex-minister of planning and economic affairs, Dr. Togba Nah Tipoteh, to study the current state of the economy.
A statement issued here by the LCC on Sunday, 15 July says the committee comprised of renowned Liberian economists, corporate and business entrepreneurs will study the current financial situation and economic crisis in the country and recommend appropriate measures to government for remedy.
“This action comes as an intervention based on the inflation on the prices of basic commodities on the Liberian market and the uncontrollable daily downfall of the Liberian dollar to the United States dollars, which is creating difficulty to the shrinking economy and as a consequence, misery to the ordinary people”, the statement signed by the LCC President, Bishop Dr. Kortu K. Brown, reads.
The Council of Churches says it reached the decision Sunday after its 2nd Quarter Executive Council meeting attended by 40 Churches and Christian Institution Leaders.
The release notes that in reaching this resolution, the LCC reflected on the global spread of credible data including that Liberia has the worst record in the world, 62 percent, according to UNICEF 2017 report, of school-age children not in school, the second poorest country in Africa, and the fourth poorest nation in the world, quoting World Bank, IMF and African Development Bank 2017 reports, respectively.
“Church members and other Liberians continue to raise alarm, demanding that the Liberia Council of Churches and other religious entities demonstrate relevance by taking action now to help stem the tide of the societal malaise and become proactive, by taking action in collaboration with other national stakeholders, to prevent the reoccurrence of the malaise, with its violence-oriented dismal impact on the living conditions of the poor masses”, the statement observes.
The statement continues that the EEPC, as an expert committee, will provide professional guidance on matters of economic importance to the nation and its people.
Its terms of reference shall include, among others, determine the nature and source of the principal problems facing the poor of Liberia make recommendations for attending to the problems as determined by the EEPC and present its first report to the LCC by end of July, 2018.
“The report will form the basis for the LCC recommendations to the Government of Liberia and relevant partners.”
At the same time the Liberia Council of Churches has also set up a special committee chaired by Rev. Dr. Olu Q. Menjay, President of the Liberia Baptist Missionary and Education Convention (LBMEC) and 2nd Vice President of the LCC to develop an operational framework for an ecumenical committee that will review the current status of recommendations and implementation of the TRC process by the Government of Liberia and subsequently adopt a position to advance peace and reconciliation in Liberia.
“The Council is seriously concern about the need to consolidate peace and stability and address questions of reconciliation and justice in the country”, the statement concludes.