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Liberia Civil Society Fights To Keep 30% ArcelorMittal Stake

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In Liberia, a coalition of Civil Society Organizations is urging the government and ArcelorMittal to maintain the country’s equity share at 30 percent.

They argue that cutting the stake to 15 percent would undermine national development and deny citizens their fair share of resource benefits.

The Civil Society Tax Justice and Budget Platform has been vocal, calling the proposed reduction “unacceptable.”

This demand comes as memories linger of the 2022 legislative rejection of an earlier MDA extension, largely due to concerns over limited benefits and unfair terms for Liberians.

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Liberia Civil Society Fights To Keep 30% ArcelorMittal Stake

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Facebook
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