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Govt. Develops Economic Stabilization, Recovery Plan
Date Uploaded: Mar 04, 2015

Deputy Finance and Development Planning Minister Dr. Mounir Siaplay


Govt. Develops Economic Stabilization, Recovery Plan
By Calvin Brooks/LINA

MONROVIA, March 3 (LINA) - Deputy Finance and Development Planning Minister Dr. Mounir Siaplay has disclosed that the government has developed an economic stabilization and recovery plan (ESRP) that seeks to address structural deficiencies.

Dr. Siaplay said the plan will improve service delivery and protect investments made since the end of the civil war, noting that the outbreak of Ebola exposed the vulnerabilities inherent in the system.

The Deputy Finance Minister made the statement Tuesday at the start of a three-day Mano River Union agenda for the joint private sector development and consultative forum held under the theme: Post-Ebola Economic Recovery held at the Monrovia City Hall.

He stressed that government, with the support of its development partners and the international community, is working hard to contain the Ebola epidemic while at the same time ensuring macro-economic stability.

He noted that the achievement and sustainability of a zero Ebola case remains the number one objective of the government, adding that achieving this objective requires a sub-regional approach given the inter-connectivity of the countries within the Mano River basin.

Siaplay emphasized that the Liberian Government is working with its counterparts in Guinea and Sierra Leone in designing strategies aimed at containing the further spread of the virus and stimulating economic activities across the sub-region.

He explained that economic activities have been affected throughout the country with a sharp decline in agriculture, particularly domestic food production.

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