GoL’s Economic Management Team Holds First Meeting

MONROVIA: The Economic Management Team of the President Joseph Nyuma Boakai’s government has held its first meeting. The meeting which was convened to discuss key issues affecting the economy with the aim of finding the appropriate remedy was held on Tuesday, April 2, 2024 at the Conference Room of the Ministry of Finance and Development Planning.

Among the issues discussed at the meeting were: policies on commodities exports, domestic prices, as well,  as issues about boosting domestic revenue generation which the draft 2024 National Budget recently submitted to the national legislature heavily relies on.

Additionally, other areas the discussion focused on were financing of the government development agenda dubbed “ARREST” which is an acronym for the major development focus of the government: Agriculture, Roads, Rule of Law, Education, Sanitation and Tourism.

The participants at the meeting emphasized greater collaboration with sectors heads especially in making policy recommendation to the President.

Institutions represented at the meeting were: Ministry of Finance and Development Planning, Liberia Revenue Authority, Central Bank of Liberia, Liberia Institute for Statistics and Geo-Information Services, National Port Authority, Economic Advisors to the President, among others.

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