Gov’t Plans To Revamp Cocoa Production

Finance Minister Samuel Tweah has revealed that government plans to revamp cocoa production in Liberia.
Minister Tweah stated that cocoa production has contributed significantly towards the economic status of the sub-region like in Ghana and Ivory Coast, and Liberia should reconsider venturing in that sector again.The Finance Minister made the statement Friday at the signing ceremony of the US$47million and US$30 million grants for the Improving Results of Secondary Education project and Liberia Urban Water Supply Project with the World Bank at the Ministry of Finance and Development Planning in Monrovia.
According to him, Liberia will begin to develop a new model in the cocoa sector such as creating a “Cocoa Board” to supervise the production of cocoa and coffee across the country.
He noted that before the civil war, Liberia was doing well in cocoa and coffee production through the Liberia Produce Marketing Corporation (LPMC), but after the instability much attention has not been given to enhance cocoa production.

Minister Tweah stressed that the agriculture sector is key for the transformation process in bringing the needed development to the people, especially farmers.

He indicated that government can do all roads infrastructure and agriculture produce, but the developing the human capital is essential for national growth and advancement.
Tweah said it is crucial to provide the necessary skills to develop young Liberians to be competitive in the job market, noting that developing human capital is invisible compared to infrastructural development.
Minister Tweah expressed thanks to the World Bank for standing with Liberia and the Liberian people at this critical time to work along with the government’s pro poor agenda to transform the development of the people and nation.

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