Liberia Location : Western Africa, bordering the North Atlantic Ocean, between Cote d'Ivoire and Sierra Leone Capital City : Monrovia Curreny : Liberian dollar (LRD) Languages Spoken : English 20% (official), some 20 ethnic group languages, of which a few can be written and are used in correspondence Climate : tropical; hot, humid; dry winters with hot days and cool to cold nights; wet, cloudy summers with frequent heavy showers National Holiday : Independence Day, 26 July (1847) Background Information Seven years of civil strife were brought to a close in 1996 when free and open presidential and legislative elections were held. President TAYLOR now holds strong executive power with no real political opposition. The years of fighting coupled with the flight of most businesses have disrupted formal economic activity. A still unsettled domestic security situation has slowed the process of rebuilding the social and economic structure of this war-torn country. In 2001, the UN imposed sanctions on Liberian diamonds along with an army embargo and a travel ban on government officials for Liberia's support of the rebel insurgency in Sierra Leone. Geographical Note facing the Atlantic Ocean, the coastline is characterized by lagoons, mangrove swamps, and river-deposited sandbars; the inland grassy plateau supports limited agriculture Economy A civil war in 1989-96 destroyed much of Liberia's economy, especially the infrastructure in and around Monrovia. Many businessmen fled the country, taking capital and expertise with them. Some returned; many will not return. Richly endowed with water, mineral resources, forests, and a climate favorable to agriculture, Liberia had been a producer and exporter of basic products, while local manufacturing, mainly foreign owned, had been small in scope. The democratically elected government, installed in August 1997, inherited massive international debts and currently relies on revenues from its maritime registry and timber industry to provide the bulk of its foreign exchange earnings. The restoration of the infrastructure and the raising of incomes in this ravaged economy depend on the implementation of sound macro- and micro-economic policies of the new government, including the encouragement of foreign investment. Recent growth has been from a low base, and continued growth will require major policy successes and containment of armed rebellion. Religions indigenous beliefs 40%, Christian 40%, Muslim 20% Ports : Buchanan, Greenville, Harper, Monrovia International Disputes - Risks to travellers : rebels and refugees contribute to border instabilities with Sierra Leone
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Liberia
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