MONROVIA, LIBERIA-President Joseph Boakai has welcomed plans by the European Investment Bank (EIB) to invest in Liberia.

President Boakai said: “Such investment will advance key pillars of the Liberian Government’s ARREST Agenda.”

A MICAT Press Briefing said the Liberian Leader made the remarks at a meeting on Tuesday, October 15,2024, with the VICE President for Public Sector in West and Central Africa and other heads in Rome, Italy.

According to the release, the meeting was centered around advancing ongoing discussions for a fifty million Euro rice development program in Liberia.

The fifty million Euro concessional loan, if approved, will advance the development and production of Liberia’s staple, rice.

At the same time, President Joseph Boakai says this year’s World Food Forum presents an opportunity for Governments to take decisive actions to transform national agri-food system.

President Boakai said such action will sow the seeds of hope and resilience in tackling global food insecurity.

He cautioned global leaders to be intentional about their actions in ensuring that a more resilient, sustainable, and prosperous future for all.

The Liberian Leader also called for robust and unified force in tackling global food insecurity.