Though Liberia’s current economic nightmare was inherited by the George Weah administration, it has however proven particularly defiant and deteriorating despite aggressive policy measures employed by the new government. Predictions about prospects of the economy are commonly depressing and the populace continues to face the backlashes. That makes this year’s spring meetings by the Bretton Woods System, the world’s de facto monetary ‘Solution Temple’ most welcoming and timely. Liberia is squarely represented by top members of the country’s economic management team headed by Finance and Economic Planning Minister Samuel D. Tweah. The Analyst reports.
Finance Minister Samuel Tweah is in Washington DC leading a Liberian delegation including Central Bank Governor Nathaniel Patray to the spring meetings 2019 which is expected to open today, April 8, 2019.
The Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial system. This year’s events will take place in Washington, D.C. April 8-14, 2019.
With Liberia’s ailing economy, it is expected that the Liberian team to this year’s spring meetings will make the necessary case to the IMF and World Bank Group and take in smart counsels as will be proffered by ace economists and financing institutions that are gathering at the meetings.