General elections in Liberia: a crucial issue for the future of the country
Liberia is preparing for crucial general elections on Tuesday, October 10. Liberians will be called to the polls to elect their senators, deputies and a new president. The outgoing president, George Weah, is seeking a second term, but these elections are being held in a difficult economic context. Inflation at 7.8% and financial hardship for many Liberians has raised concerns about their future.
The country is facing a worrying economic situation. International markets are experiencing tensions which are having repercussions on the local economy, which is heavily dependent on imports. Liberians are feeling the effects of this situation, with rising prices and an increase in the cost of living. Traders, like Tawyia, complain about the lack of customers and the difficulty in selling their products. Households face increasingly high daily expenses, making their financial situation increasingly precarious.
Despite these challenges, there are signs of hope for the Liberian economy. This year, the country recorded growth of around 5%, notably thanks to an improvement in local production of rice and cassava. However, according to economic experts, it will take time before this growth translates into improved living conditions for Liberians. Sustained growth over several years would promote employment, increase individual incomes and create a virtuous circle of economic development.
In this electoral context, the World Bank encourages investments in agriculture, considered a key sector to contribute to the country’s economic growth. By increasing local food production, Liberia could reduce its dependence on imports and ensure a more stable and affordable food supply for its population.
These general elections are therefore of crucial importance for the future of Liberia. Liberians will have to choose their leaders taking into account the economic challenges facing the country. Effective economic management and policies focused on sustainable development could help overcome current challenges and build a better future for all Liberians.