Liberia: World Bank says tougher action needed to tackle corruption
24.02.2005
A World Bank mission visiting Liberia has said the country's transitional government must crack down harder on corruption and show greater transparency in its finances if it is to secure donor funding to help the country recover from 14 years of civil war. The mission, led by Shengman Zhang, the World Bank's managing director, also warned that there was no prospect of the World Bank lending more money to Liberia until the country's current loan arrears of almost US$450 million had been paid off.