The Liberia Country Profile launched in Monrovia: the development of agribusiness as a lever for the structural transformation of the country's economy

Abstract

The Ministry of Finance and Development Planning of Liberia, in collaboration with the West Africa Sub-Regional Office of the United Nations Economic Commission for Africa (ECA), proceeded on Thursday, February 8, 2018, in Monrovia, to disseminate Liberia's Country Profile for 2017. The purpose of this initiative is to provide a platform for policy dialogue to disseminate Liberia-specific policy analyses and recommendations that promote economic transformation for sustained growth and sustainable social development. This Country Profile indicates that Liberia has assets that should enable the authorities to achieve their ambition of diversifying their economic base and fostering the emergence of sustained growth shared by all social strata. It is mainly the endowment of natural and agricultural resources (soil, climate and hydrological conditions, etc.) that offer natural comparative advantages for various agricultural crops as well as its membership in Regional Economic Communities (RECs), which provide it with the possibility of expanding its market.