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Liberian president lauds AfDB's support for development

Xinhua, March 13, 2016 Adjust font size:

Liberian President Ellen Johnson Sirleaf has hailed the African Development Bank (AfDB) for its support toward the country's development need since the 1960s.

The Liberian leader made the remarks in Monrovia, the country's capital city when she met with visiting AfDB president Akinwumi Adesina Friday, according to a statement from the country's Executive Mansion.

Sirleaf said despite the decline that has hit the country's rubber and iron ore sectors, the people of Liberia remain grateful to the bank for helping to foster its economic transformation.

She said Liberia now needs economic diversification that is similar to what Adesina did when he served as the Minister of Agriculture in his native Nigeria.

Sirleaf said Adesina's arrival in the country provided a great deal of learning opportunity for her leadership.

Adesina said under the leadership of President Sirleaf, Liberia is experiencing political stability. He said the bank would support to enable her administration achieve its development agenda.

Adesina said currently the bank is funding 17 programs in Liberia's energy, infrastructure, transport, and water and sanitation sectors.

He pledged the bank's commitment to support the country's energy and agriculture sectors, which will be followed by the launch of what he called the "New Deal of Energy for Africa." Endit