CBL Vows To Fight Poverty

CBL Vows To Fight Poverty

By Morrison O.G. Sayon

Central Bank Governor, Dr. Joseph Mills Jones has vowed to fight poverty wherever it is found in the Liberian society.

Serving as Commencement Speaker at ceremony marking the 52nd Commencement Convocation of the Cuttington University held in Suakoko, Bong County, Dr. Jones said poverty is not Liberia’s destiny and as such his entity will go all out against and until the Liberian people are empowered.

The Central Bank boss said the bank’s interest is to support the nation’s economy by empowering institutions and the citizens especially the young people of Liberia. “In the land of poverty there is a need for debate; how to eradicate it and ensure that the citizens are empowered,” Dr. Jones stated.

“We must focus on local production; we must fight poverty wherever it exists; we must empower our youths with skills and of course, we must develop the agricultural sector for the production of our local diet, rice. It’s time to get moving on to raise production and that is why we must also focus on the real sector of our economy if we are to achieve our goal,” the Central Bank boss averred.

Dr. Jones then called on Liberians to get from the old ways of doing things and begin to develop programs that must be seen as national priorities. “People must be inspired by what they see and not what they hear,” he said.

He said Liberians must be involved in national priorities and not to sit back and depend on national government for everything. Dr. Jones said further that the notion that the nation is lagging behind as stated in the United Nations Development Index is unacceptable. He said all Liberians will carry the blame if the government does not succeed in the growth of the economy.

He said the vision of transformation must be inclusive with the involvement of every Liberian. On the role of the CBL, Dr. Jones said the role of the bank is to improve the the living standard of the citizens adding, “This is inclusive development.”

The Liberian financial expert admonished the graduates to be patriotic and nationalistic saying,“You must love your country; do your best for Liberia; we expect the best from you as young Liberian graduates; you must be on the right side of history and again, you must be fearless in doing the right things.”

He then reminded the graduates that now is the time for commitment and that they must use their education for service to humanity by showing concern for the poor and the less fortunate in the society.

Earlier, the President of the Cuttington University, Dr. Henrique F. Tokpa said  the university has opened several departments for the improvement of the institution. Dr. Tokpa said CU recently received a prestigious award, the Distinguished Service Award of 2013/13 for the institution’s steadfastness in executing its mandate.