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Pres. Sirleaf Hails World Bank Support
Date Uploaded: Aug 11, 2016

World Bank Executive Director for Africa Group, Mr. Larose greets President Sirleaf


Pres. Sirleaf Hails World Bank Support 

MONROVIA, August 11 (LINA) - Liberian President Ellen Johnson has acknowledged the World Bank’s support to Liberia’s development and the extraordinary interventions it rendered the country during the Ebola crisis.

The Chief Executive was speaking Wednesday when she received the World Bank Executive Director of the Africa Group 1, Louis Rene Peter Larose, at her office in Monrovia.

President Sirleaf stressed the need for direct budget support to Liberia as the country has met all of the requirements to receive such support from the World Bank.

She noted that the full support of the World Bank is still important for Liberia because the country is still exhibiting signals of fragility and thus needs attention.

According to an Executive Mansion release, she further pointed out that support from the World Bank is consistent with the Agenda for Transformation and other development plans.

President Sirleaf then called on the World Bank and other partners to give attention to and support the pending 2017 general and presidential elections.

For his part, Mr. Larose indicated that the World Bank appreciates Liberia’s development challenges and that he was in the country to know the specific developmental needs of Liberia for the Bank’s intervention. 

“I sincerely believe that support and intervention must be based on the needs of a country and via GDP measurement of indicators. I also think that conflict and post-conflict nations should not be measured at the same standards with progressing middle-income nations,” Mr. Larose noted.

He congratulated President Sirleaf for the leadership shown in the battle against Ebola and pointed out that her name will go down in history as a leader who overcame a difficult challenge.

 He also acknowledged the transformation the country has achieved under President Sirleaf’s leadership.

Mr. Larose committed the World Bank to standing with Liberia and directing its support based on the needs of the country.

He warned that more attention and focus should be given to nations still in fragility, including Liberia, and also assured that the country will receive direct budget support from the World Bank.

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