The Minister of Commerce & Industry (MoCI), Magdalene Ellen Dagoseh has described Small and Medium Enterprises as the backbone of job creation, innovation, and inclusive growth.
Minister Dagoseh said SMEs serve as the engine for economic transformation-noting that no economy succeeds without a strong private sector.
She added that the Ministry of Commerce & Industry would put Liberian-owned businesses at the center of Liberia’s national development strategy in support of the ARREST Agenda for inclusive development. In the words of Madam Dagoseh, true development takes place when local businesses grow, compete and lead.
The Ministry of Commerce & Industry (MoCI), along with a team from the Economic & Consular Session at the US Embassy near Monrovia, this week toured the Monrovia Industrial Park (MIP). Also forming part of the tour was the Liberia Special Economic Zones Authority (LSEZA).
The tour was aimed at strengthening partnership between the Ministry of Commerce & Industry and the US Embassy to take a look at Liberia’s industrial development potential.
The exercise was also intended to afford the US Embassy- through its Economic & Consular Session the opportunity to have a better look at what is being done at the industrial sites in order to determine what kind of assistance to give.
The Commerce Today Monthly Critical Commodities Bulletin is a product of the Ministry of Commerce and Industry developed to inform the public on key commodities inventory and pricing on a monthly basis. The data reported is gathered based on assessment of import documents which include commercial invoice, assessment notice, single administrative document, clean report of findings, and targeted market sample surveys.
The below analyzed prices are contingent on inflation, exchange rate, import duties, shipping costs, insurance, licensing and registration fees and other administrative overheads which may also be due to the exchanged rate.
Ministry of Commerce and Industry
The Commerce Today Montly Critical Commodities Bulletin is a product of the Ministry of Commerce and Industry developed to inform the public on key commodities inventory and pricing on a monthly basis. The data reported is gathered based on assessment of import documents which include commercial invoice, assessment notice, single administrative document, clean report of findings, and targeted market sample surveys.
The Ministry of Commerce & Industry is calling on Liberians to desist from practices that have the propensity to undermine ongoing national efforts to transform Liberia.