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Liberia Needs $1.3b to Revive Growth

 Liberia Needs $1.3b to Revive Growth Liberia Needs $1.3b to Revive Growth

Liberia will need $1.3 billion to revive an economy that was ravaged by a slump in its key export commodities and the worst-ever Ebola epidemic, Finance and Development Planning Minister Boima Kamara said, Bloomberg reported. The West African nation will invest in energy projects to spur its manufacturing sector while prioritizing agriculture after economic expansion almost came to a standstill over the past three years, Kamara said in an interview in the capital, Monrovia. The country is targeting average annual economic growth of about 6% for the seven years starting 2018, after averaging about 8% between 2006 and 2013, he said.

 

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