Liberia: Port Authority, Finance Ministry Strapping off Demurrages to Alleviate Economic Hardship - News Summed Up

Liberia: Port Authority, Finance Ministry Strapping off Demurrages to Alleviate Economic Hardship


The World Bank Doing Business Report (WBDBR) ranks Liberia 174 out of 190 developed and developing economies. According to him, the objective of the “pro-poor government” is not to stifle the business community but rather to provide opportunities to improve the business climate and living standard for Liberians. The WB, in its 2019 report, noted that on average, it took more than 18 days to obtain a business registration. “At the Ministry of Public Works, it no longer takes 25 days to obtain construction permits. They also stated that in some of the business climate meetings, participants called for other reforms to include the reduction in taxes for agriculture implements.


Source: Front Page Africa March 25, 2019 00:33 UTC



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