The World Bank will today launch Liberia’s Poverty Assessment 2023 report; a pathway towards economic security.
The event takes place at the Ellen Johnson Sirleaf Ministerial Complex.
Poverty assessments are a core diagnostic of the World Bank and it is intended to assess the extent and causes of poverty in a country and recommend strategies to reduce poverty and promote shared prosperity on a livable planet.
The Poverty Assessment for Liberia provides a set of policy recommendations organized into four pillars.
The first pillar looks at the growth performance over the past few years with its impact on poverty and presents characteristics of the country’s poor while the second pillar reviews what occurred during COVID-19 and its implication for the population.
The third pillar analyzes Liberia’s human capital and the potential risks faced by climate change. And the fourth pillar discusses the role of agriculture and challenges for further agricultural development.
It is hoped that what is being perceived as an evidence-based analysis will feed into the ongoing public debate on appropriate and effective policies to tackle poverty and inequality, while also ensuring that existing policies are implemented more efficiently and effectively.
