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Liberia news

Pres. Sirleaf seeks direct budgetary support from World Bank

President Ellen Johnson Sirleaf has stressed the need for a direct budgetary support to Liberia from the World Bank, saying the country has met all of the requirements to receive such support. President Sirleaf noted that full support of the World Bank is still important for Liberia because the country is still exhibiting signals of fragility and thus needs attention.

She made the comments when the visiting World Bank Executive Director for Africa Group 1, Louis Rene Peter Larose paid her a courtesy call at her Foreign Ministry office Wednesday August 10.

She further pointed out that support from the World Bank is consistent with the Agenda for Transformation and other development plans. President Sirleaf concluded by calling on the World Bank and other partners to give attention to and support the pending 2017 general and Presidential elections, an Executive mansion release added.

Earlier Mrs. Sirleaf acknowledged that the Bank has been supportive of Liberia’s development and also rendered extraordinary interventions during the ebola crisis. For his part, Mr. Larose indicated that the World Bank appreciates Liberia’s development challenges and that he was in the country to know the specific developmental needs of Liberia for the Bank’s intervention. “I sincerely believe that support and intervention must be based on the needs of a country and via GDP measurement of indicators. I also think that conflict and post-conflict nations should not be measured at the same standards with progressing middle- income nations”, Mr. Larose noted.

He congratulated President Sirleaf for the leadership shown in the battle against Ebola and pointed out that her name will go down in history as a leader who overcame a difficult challenge. He also acknowledged the transformation the country has achieved under President Sirleaf’s leadership.

Mr. Larose committed the World Bank to standing with Liberia and directing its support based on the needs of the country. He warned that more attention and focus should be given to nations still in fragility including Liberia and also assured that the country will receive direct budget support from the World Bank.-New Dawn

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