Abe Pledges US$83.4m to Sahel Region

Abe Pledges US$83.4m to Sahel Region

(ABIDJAN, COTE D’IVOIRE – Saturday, January 11,...

Africa Cabinet Government Network Elects Liberia

Africa Cabinet Government Network Elects Liberia

(MONROVIA, LIBERIA – February 10, 2014) At...

Armed Forces Day Keynote Address

Armed Forces Day Keynote Address

Distinguished Ladies and Gentlemen: This day was set...

Savannah State University Seeks Partnership UL

Savannah State University Seeks Partnership UL

(MONROVIA, LIBERIA – Tuesday, March 4, 2014)...

Finance Minister Konneh Suggests Post-Ebola Plan

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

MONROVIA, September 18 (LINA) - The acting Minister of Finance and Development Planning, Mr. Amara Konneh, has stressed the need for Ebola- affected West African countries to start planning for post-Ebola economic recovery.

He said while it is true that the Mano River Union (MRU) countries are faced

with enormous challenges occasioned by the Ebola crisis, it would be pertinent to prepare for the difficult task of recovery at the end of the crisis.
MRU countries Guinea, Sierra Leone and Liberia are battling the Ebola virus that has claimed hundreds of lives and devastated social and economic structures in these countries.

Speaking to reporters at the World Bank office in Monrovia on Wednesday, Konneh pointed out that affected countries were surprised by the Ebola outbreak and cannot afford to be caught unawares by the challenges associated with post-Ebola economic recovery.

He indicated that the Liberian economy is to suffer a 3.9 Gross Domestic Product (GDP) decline due to the Ebola outbreak.

This decline, he said, would lead to loss of jobs, reversal of some level of poverty reduction and would constitute a serious challenge to nation building and the implementation of national development plans if there is no coordinated response which is planned with other countries similarly affected.

“Moreover, a large number of projects which should have begun or been scaled up in these countries were left idle and unattended, now requiring confidence venant boosting measures, if they are to ever get back on track,” Minister Konneh added.
LINA WTD/GDJ/TSS/PTK