I can understand why a country (Liberia) rich in natural resources and approximately has attracted $19 billion in foreign investments has been relegated as the 3rd worst place to live on Earth, and the 2nd poorest country in the world. Liberia is amongst the bottom 5th of the Human Development Index as stated by the LIPI Report and further describe it, our country as an unprecedented contradictions. . “On the one hand, the country is endowed with abundant natural resources, with the current administration claiming to have attracted over $19 billion dollars in foreign investments. Approved Budgeted revenue, excluding donors’ funding, stand at around $672 million for fiscal year 2012-2013. Yet Forbes magazine relegates Liberia as the 3rd worst place to live on Earth, and the 2nd poorest country in the world. Liberia is amongst the bottom 5th of the Human Development Index. The logic that explains this tragic paradox is simple. Liberian leaders are known for wasting and lavishing the country’s wealth on their personal luxuries and extravagance, rather than the necessities that address poverty and strengthen the human development needs of all Liberians.” - See more at: frontpageafricaonline/news/general-news/6269-money-well-spent-report-finds-us50m-on-vehicles-in-sirleafs-government-in-7years! Oh God, please help our beloved Mama Liberia.
Posted on: Thu, 13 Jun 2013 10:18:37 +0000
Trending Topics
Recently Viewed Topics
© 2015