The World Bank has suspended its access to “unwithdrawn loans” in Liberia after the country defaulted loan repayments by 60 days under the administration of outgoing president George Weah.
The decision to suspend access was conveyed in a letter on November 15 to Liberia’s Finance Minister Samuel Tweah, from the Vice-President of the Western and Central Africa region at the World Bank, Ousmane Diagana.
Read More : World Bank Freezes Liberia’s Access to Undrawn Loan Funds