- Search Results
‘Liberian Economy on Track,’ Advisor Jackson
Date Uploaded: May 23, 2014

The Economic Advisor at the Ministry of Finance, Sam Jackson



‘Liberian Economy on Track,’ Advisor Jackson

By Calvin Brooks

MONROVIA, May 22 (LINA) - The Economic Advisor at the Ministry of Finance, Sam Jackson, has said that the Liberian economy is improving, despite the national budget shortfalls experienced in the past two fiscal years.

Advisor Jackson explained that budget shortfall is a temporary distraction to the growing economy of Liberia, which has suffered 14 years of no growth.

He was speaking Wednesday at a program organized by the Alumni Association of the University of Liberia (AAUL) to discuss the present status of the Liberian economy.

He said the drawdown of the United Nations Mission in Liberia (UNMIL) also contributed to the budget shortfall.

The Economic Advisor also noted that the 12 percent reduction in Liberia’s export earning in iron ore and rubber on the international market has also affected the economy.

He emphasized that despite the pain the economy is currently experiencing, Liberia’s economic base is growing, noting that the national budget formulation should not be politicized so that it would address the social needs of the people.


latest headlines
LEC Holds Community Engagements Against Power Theft
The Liberia Electricity Corporation (LEC) has renewed its warning to individuals engaged in power theft to desist, as it was costing government i ...more
Cuttington University Promises To Sustain EHELD Projects
The Administration of the Cuttington University has assured the Excellence in Higher Education for Liberian Development (EHELD) of its commitment ...more
Justice Banks Decline To Issue Prohibition Against Korkoyah
Supreme Court Justice-in-Chamber Philip A. Z. Banks Thursday declined to grant the writ of prohibition requested by Dr. Togba Nah Tipoteh against ...more
VP Boakai Assures LACC Of Support To Tackle Graft
Vice President Joseph N. Boakai has assured the Liberia Anti-Corruption Commission (LACC) of his unreserved commitment to tackle the scourge of c ...more
Pres. Sirleaf Congratulates Luxembourg On ‘National Day'
President Ellen Johnson Sirleaf has sent a congratulatory message to His Royal Highness, Grand Duke Henri of Luxembourg, on that country’s Nati ...more
ECOWAS Envoys Congratulate Pres. Sirleaf
The Dean of ECOWAS Ambassadors and Heads of Mission Accredited to Senegal, General Edouard Tiape Kassarate, has congratulated President Ellen Joh ...more
All rights reserved © 2013 - 2014
Liberia News Agency