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Seminar

Liberia's Economic Challenges and Opportunities

Friday, October 18, 2019 - 10:00am to 11:30am ET

FEATURING

Samuel D. Tweah, Jr., Minister of Finance and Development Planning, Liberia

HOST

Gyude Moore, Visiting Fellow, Center for Global Development

ABOUT THE EVENT

In January 2018, Liberia took a significant step in its nascent democratic history. His Excellency, George Manneh Weah, a celebrated soccer star, was sworn in as President while his predecessor, Ellen Johnson-Sirleaf looked on. Twelve years earlier, the country had made history when she became Africa’s first democratically elected female head of state. The 2018 democratic transition was the country’s first since 1944.

As the new administration set about implementing its Pro-Poor Agenda for Development (PPAD), intended to lift one million Liberians out of poverty, it ran into headwinds. An economy still recovering from the negative impacts of the 2014 West African Ebola virus outbreak had to cope with the loss of almost $300 million annually when the United Nations Mission in Liberia (UNMIL) completed its drawdown. A slowdown in global trade and stagnant commodity prices suppressed revenue receipts and inflation spiraled, significantly impacting government operations.

Please join us at the Center for Global Development for a conversation with Hon. Samuel D. Tweah, Jr., Minister of Finance and Development Planning in Liberia, on the challenges and opportunities Liberia is facing in the next decade. Hon. Tweah is also co-Chair of the country’s Economic Management Team (EMT) and is responsible for leading the response to the difficult economic conditions and a contested political space.

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Photo of W. Gyude Moore
Senior Policy Fellow