Ambassador to Liberia cited a 2016 World Bank Ease of Doing Business indicator, which reported that Liberia was ranked 179 out of 189 countries surveyed. Economy, Investment Under MicroscopeAll this as African Development Bank Criticized Mills Jones tenure at the Central Bank of Liberia. In a damning report, Liberia Economic Outlook 2015, Africa’s premier development finance institution, the African Development Bank says Liberia’s reserves are “exposed to reputational risks”. firms and a number of foreign investors have identified corruption as a potential obstacle to FDI {in Liberia}. When new concessions are signed and ratified, the press frequently report on corruption allegations implicating both the legislative and the executive branches.

Source: Front Page Africa January 23, 2017 00:12 UTC