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LIBERIA’S POVERTY RATE DROPS, ECONOMIC GROWTH SET TO CLIMB TO 5.3% IN 2024, REPORTS WORLD BANK

Summary by Smart News Liberia
MONROVIA – A recent World Bank Economic Update brings promising news for Liberia, highlighting a decline in the country’s poverty rate from 63% in 2020 to 59.7% in 2023. This positive shift is largely credited to economic recovery, despite global financial hurdles. The report underscores the resilience of the Liberian economy, bolstered by government initiatives aimed at stabilizing the financial landscape. According to the report, the reduction…
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