Liberia: IMF Gives Nation Next Aid Disbursement, Calls for Transparency
The IMF board on Wednesday approved next aid disbursement for Liberia under a $78.9 million loan program, and called on the West African state to do more to improve its governance and transparency.
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#1 Jul 6, 2013
Once again, we see the Liberian Government bent and intent on correcting an ethical concern in this case which was taken up and put on the global economic landscape by Global Witness. Bravo to all involved for getting concerned and sharing these apprehensions and anxieties with each other. Transparency and the attempts by the Ellen Johnson-Sirleaf Government to steer development in a third world country, which has just come out of a devastating recent past should not be overshadowed by trivially. Governments may sometimes single-source ready investors and in order to source huge amounts of capital and the committed investment needed for larger long-term projects. Liberia has come a very long way in establishing the beacons that set the stage for transparency;becoming more transparent in the process, and we are grateful that our European and American partners realize that there would be challenges that we would have to overcome.
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