Independent Economist Critiques U.S.$1 Billion Loan


[FrontPageAfrica] Monrovia -An economics professor at the University of Liberia has urged the Government of Liberia to institute measures to curb illicit financial flow and reduce tariffs on goods and services if it would make any gain on the combined (nearly) US$1 billion loan deal. He also said the deals should not have been sealed. The Legislature, in June, ratified both US$536 million loan with a Singaporean firm ETON Financial Private Limited and US$420 million with Burkinabe company, EBOMAF. It also passed resolution urging Pre
Source: All Africa