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Liberia: Lawmakers Push Landmark Overhaul of Liberia’s Concession Model

Liberia: Lawmakers Push Landmark Overhaul of Liberia’s Concession Model

In what could become one of the most consequential economic policy shifts in Liberia’s post-war history, the House of Representatives has called on President Joseph Nyuma Boakai to fundamentally redesign how the country negotiates future concession agreements, proposing a transition from the long-standing royalty-based fiscal regime to a profit-sharing and equity-participation model.

The recommendation, unanimously endorsed by lawmakers following a communication from Representative Dixon Seboe,…

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