Other roads to benefit from the loan include; the Medina to Robertsport Road and the Tubmanburg to Bopolu Road. Both the International Monetary Fund and the World Bank have previously advised against borrowing above the country’s budget ceiling. At the end of a recent meeting to Liberia, an IMF delegation wrote: “Debt levels have been rising steadily in recent years. Elton Finance Private Limited was registered as an “exempt private company limited by shares”. The reason given by the company in its dissolving is “company has not commenced trading since the date of incorporation”.

Source: Front Page Africa May 15, 2018 03:45 UTC