Tuesday: November 19, 2019: The Ministry of Commerce and Industry has categorically distanced itself from utterances attributed to one of its Deputy Ministers, relative to the Loan program.

The Commerce Ministry said its Small Business Loan Program is managed by licensed financial institutions, with the Liberian Bank for Development and Investment (LBDI) serving as the lead manager.

All loan processing, from application to disbursement are done by these financial institutions based an agreement and standard operating procedures reached by the parties.

A Commerce Ministry release says the Deputy Minister’s action to use MOCI premises for activities outside the Ministry’s official protocol without top management’s knowledge and approval is most unfortunate and improper.

In the release, the Commerce Ministry called on the public not to draw it into anything said or attributed to the Deputy Minister outside the established rules and regulations governing the Commerce Ministry.

Jacob N.B. Parley
Communications Director
Emails:jparley@staff.moci.gov.lr/jacobtheancestor@yahoo.com
0886560455/0777504576
WhatsApps: 0881336137