Why Is Liberia a ‘Bad Destination’ for Investment? – FrontPageAfrica - News Summed Up

Why Is Liberia a ‘Bad Destination’ for Investment? – FrontPageAfrica


Reported by Alpha Daffae Senkpeni [email protected]Said Weah: “To the private sector, I say to you that Liberia is open for business. Bad Press, Bad ImageThe Forbes report comes as the Liberian government struggles to change the narrative of a reported missing L$16 billion. High Corruption PerceptionAlready, Liberia had scored low in the 2017 corruption perception index compiled by Transparency International. The recording renewed concerns about the corruption threats private investors endure in the country. Meanwhile, the former Secretary General of the Liberia Business Association (LIBA) Leelai M. Kpukuyou has blamed the situation on the government’s slow pace in reducing bottlenecks associated with regulating the investment sector.


Source: Front Page Africa October 11, 2018 03:43 UTC



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