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17-Dec-2014

NOCAL BID ROUND EXPLAINED

MONROVIA – December 17, 2014:   All informed Liberians would agree that the year 2014 has been one of our most challenging years. What with the dreadful Ebola virus killing our people, damaging our sense of security, and devastating our economy. Just prior to the onslaught of the Ebola virus disease, our economy was being affected adversely by various factors including significant drops in prices of our key exports - rubber and iron ore. The impact was evident at the end of the first quarter of calendar year 2014. Economic growth was being seriously challenged and Government faced prospects of significant financial deficits due to the consequential shortfalls in revenue collection.

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