Addressing a policy dialogue on the validation consultation of a scoping study of Liberian entrepreneurs’ participation in the Liberian economy, held at a local hotel in Monrovia, Mr. Kemayah stated that many Liberian businesses are already frustrated over the lack of adequate attention and support.
However, the Governance Commission (GC) pointed out that they have engaged the services of Subah Belleh Associates, to investigate the circumstances and factors that explain or can contribute to understanding the absence of any substantive involvement and participation of Liberian entrepreneurs and businesses in the Liberian economy.
Mr. Kemayah mentioned that Liberian entrepreneurs and businesses on a daily basis are striving diligently to overcome challenges which have the propensity to fuel conflicts in the future.
“Our advocacy for equal participation into the economy has been taken for granted, we deserve more than 75% of government purchases and not 25% because the country is ours and we should drive its economy”, the LIBA boss emphasized.
He further lamented that the recent fall in the prices of basic commodities on the global market should serve as a caveat for the government to consider the total diversification of the economy and put it back in the hands of the citizens.
“Capacity gaps must not be hindrance for Liberians receiving government contracts, but we must help consolidate and empower Liberian-owned businesses and stop the heavy reliance on foreign direct investment,” he averred.