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LIBERIA’S DEVELOPMENT PARADOX: WAIVING US$240 MILLION IN TAXES WHILE CHASING FOREIGN DEVELOPMENT AID
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LIBERIA’S DEVELOPMENT PARADOX: WAIVING US$240 MILLION IN TAXES WHILE CHASING FOREIGN DEVELOPMENT AID
MONROVIA, LIBERIA — There is something profoundly contradictory about the way Liberia is pursuing development. While the government travels from one international institution to another seeking grants, concessional loans, investment support and development assistance to build roads, schools, hospitals, electricity and other basic infrastructure, it is simultaneously surrendering millions of dollars in legitimate tax revenue […]
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