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LIBERIA
LIBERIA STATSCAPITAL: MONROVIA POPULATION: 4,128,000 LANGUAGE: ARABIC BELOW POVERTY: 80% ACCESS TO WATER: 64% ACCESS TO IMPROVED SANITATION: 32% AVERAGE ANNUAL INCOME: $877 CHRISTIAN: 86% |
PARTNERED NGOOur partners in West Africa are church-planting ministries focused on sharing Christ with Muslims and unreached tribal groups including the Dagomba, Ligby, Tuareg, and Wolof. We also support holistic projects that address the tremendous humanitarian needs in the region and demonstrate the love of God.
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LIBERIA ECONOMY |
NEWS |
Liberia is one of the poorest countries in the world, and its economy is extremely underdeveloped. The First Liberian Civil War in 1989-96 destroyed much of Liberia's economy, especially the infrastructure in and around Monrovia. Many fled the country, taking capital and expertise with them. Some returned during 1997, but many have not.
Richly endowed with water, mineral resources, forests, and a climate favorable to agriculture, but poor in human capital, infrastructure, and stability, Liberia has a fairly typical profile for Sub-Saharan African economies - the majority of the population is reliant on subsistence agriculture, while exports are dominated by raw commodities such as rubber and iron ore. Local manufacturing, such as it exists, is mainly foreign owned. The democratically elected government, installed in August 1997, inherited massive international debts and currently relies on revenues from its maritime registry to provide the bulk of its foreign exchange earnings. The restoration of the infrastructure and the raising of incomes in this ravaged economy depend on the implementation of sound macro- and micro-economic policies of the new government, including the encouragement of foreign investment. |
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