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LIBA Boss Wants Liberians Take Control Of Economy
Date Uploaded: Apr 04, 2015

President of the Liberia Business Association (LIBA), Mr. Dee Maxwell Kemayah

 

 

LIBA Boss Wants Liberians Take Control Of Economy
By Solomon N Giddings, LINA Bong County Correspondent

GBARNGA, April 3 (LINA) -The president of the Liberia Business Association (LIBA), Mr. Dee Maxwell Kemayah, has admonished Liberians to take ownership of their economy in order to make Liberia a middle income country by 2030.

Kemayah said though he welcomes foreign direct investments or foreigners participating in the economy, Liberians must be at the core of their economy because they are the owners of the natural resources of their country.

He warned that if this is not done, Vision 2030 which was crafted to create a middle-income country will not be actualized, adding: “There is no country in the world that can enhance economic growth without empowering its citizens.”

He made the call in Gbarnga Thursday at the Constitutional Review process organized by the Constitution Review Committee for the amendment of the 1986 Constitution.

In his remarks, the LIBA president encouraged delegates to vote for proposition 15 which calls for the prioritization of Liberians in the country’s economic activities.

Mr. Kemayah believes that the continuous dominance of the Liberian economy by foreigners is seriously strangulating growth and development, urging delegates to vote in favor of the proposition to bring sanity to the economy.

Kemayah observed that the only empowerment of Liberian businesses in recent times is the Central Bank loan scheme which has been criticized and condemned by some individuals in the public sector.

He called on policy-makers and other stakeholders to buttress the effort of the Central Bank by empowering Liberian businesses to ensure that they have a stake in the business sector to benefit from its wealth.
LINA 

 

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