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Liberia: World Bank “Impressed” with Progress in Fisheries Sector; Approves Additional US$20m

A World Bank delegation on an assessment visit to Liberia has told the local media that the Liberian government has demonstrated a strong will in managing funds meant to improve the fisheries sector.

A World Bank delegation on an assessment visit to Liberia has told the local media that the Liberian government has demonstrated a strong will in managing funds meant to improve the fisheries sector thus impressing the board of the bank to source additional resources for the sector.

Sanjay Srivastava, the World Bank Practice Manager on Environment, Natural Resources and Blue Economy for West and Central Africa, said the additional support in the tone of 20 million United States dollars was approved following commitment and assessment of a demonstrated will by the government through NaFAA to effectively manage fisheries.

“The additional 20 million was prompted by the promise assured by the government of Liberia that they can really grow the fisheries sector economy very well and so far they have shown leadership and motivation to really use the money effectively and they have laid out clearly a good agenda both on the investment side and the livelihood side as well as on the reforms side in terms of the changes they want to bring”.

Mr. Srivastava was speaking Monday May 16, 2022 at the technical office of the National Fisheries and Aquaculture Authority (NaFAA) when the World Bank team had gone there on a technical assessment.

Srivastava said he was pleased with the level of work the fisheries body was doing under the director generalship of Madam Emma Metieh Glassco, saying Liberia is one of those countries with a strong fisheries program.

“Liberia is one of the countries in Western-Central Africa we have a strong program and we are very delighted. This is my first visit to Liberia and I’m very excited to be here and very pleased to meet and work with Madam DG and her team, who are doing a very exciting job”. Read More...

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