The World Bank has approved a new US$ 27 million financing agreement meant to increase access to affordable, reliable electricity and foster the use of renewable energy in Liberia.
President Ellen Johnson Sirleaf visited the Liberia Electricity Corporation’s Bushrod Island office on Friday, December 18, 2015 to inspect on-going construction on the three Heavy Fuel Oil plants.
The Board of Executive Directors of the World Bank has approved a new US$60 million International Development Association credit for the Liberian government to help continue to expand affordable electricity services to businesses and households in order to spur economic growth, create jobs, and reduce poverty
Lydia Sherman, the Deputy Minister of Gender, Children, and Social Protection, has expressed frustration with some non-governmental organizations for their non-compliance with regards to the children orphaned by Ebola.
The deadly Ebola virus which struck Liberia last March and killed over 3,000 people seems to have vanished as the country has been declared Ebola free. Despite the disappearance of the virus from Liberia, it has left a severe toll on children who lost either one or both parents to the virus.
President Ellen Johnson Sirleaf presented her post-Ebola recovery plans at the 2015 World Bank Spring Meetings. She spoke on Friday morning at a high-level roundtable featuring the heads of state of Guinea and Sierra Leone.
Liberia has among the highest percentage of youth in school, estimated at 62 percent, according to a report released by The World Bank on out of school children in Africa. This figure is greater than that of Rwanda, Zambia, Ghana, and Cote D’Ivoire, to name a few. However, 82 percent of twelfth graders in Liberia drop out of school.
Since the outbreak of Ebola in Liberia, there is an enormous decline in the Liberian economy.
According to the World Health Organization (WHO), the current Ebola outbreak is the largest and most complex Ebola outbreak since the Ebola virus was first discovered in 1976. In addition, it has touched every sector of the country including the economy, health system, government and the education amongst others.