- Search Results
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.


latest headlines
Liberia’s Postal Administration Owes US$6.4m - Report
The debt burden of Liberia’s postal administration stands at US$ 6,491,631.73 million, the Ministry of Posts and Telecommunications (MoPT) has ...more
ECOWAS Launches Program To Combat Fistula In Sub-region
The Commissioner for Social Affairs and Gender of the ECOWAS Gender Development Center (EGDC) has launched an ambitious program to combat obstetr ...more
‘Liberia-Cameroon Ties At New Height’ - Shoniyin
Deputy Foreign Minister B. Elias Shoniyin says since the establishment of diplomatic relations between Liberia and Cameroon in the 1960s, ties be ...more
ECOWAS Prexy Urges Member States To Ensure Wellbeing Of Citizens
The President of the ECOWAS Commission, Marcel Alain de Souza, has challenged ECOWAS members states to redouble their efforts towards the enhance ...more
AFC Pledges Support To ECOWAS Commission
The Chairman of the Twenty- First Meeting of the Administration and Finance Committee (AFC) of ECOWAS, Mr. Benedict Roberts, has pledged the Comm ...more
FM Kamara Opines 54th Anniversary Of Africa Day ‘Important Milestone’
Foreign Minister Marjon Kamara has said the observance of the 54th anniversary of “Africa Day” was an “important milestone” which the con ...more
All rights reserved © 2013 - 2014
Liberia News Agency