Home Politics CSO Backs Modad’s Appointment

CSO Backs Modad’s Appointment

by newsmanager

MONROVIA: A civil society group styled Progressive Alliance for Good Governance (PAGG) has backed the appointment of Amin Modad as Minister of Commerce and Industry designate of the Republic of Liberia.

Modad, former Chairman and stalwart of the ruling Unity Party (UP), was last week appointed by President Joseph Nyuma Boakai to head MIC.

In a statement on Monday, January 29, 2024, PAGG said, Modad’s wealth of experience, coupled with his credentials positions him better to give Liberians the needed results that have been lacking at the Ministry for many years.

“In this vein, we like to category inform the Liberian people and to assure them that with the appointment of Mr. Modad at the helm of the Ministry of Commerce and Industry, he will definitely meet your expectations for a bitter trade environment.

“It is glaring facts that Mr. Modad also brings to the table expansion of investment by the private sector by strengthening economic growth, Jobs creation; to stabilize incomes and protect local industries,” the group said.

PAGG argued that vast majority of the citizens are being paid in Liberian Dollars, and yet some businesses transact only in United States Dollars, wherein Liberian businesses have been strangulated.

According to the group, Modad will jump-start engagement with the Liberian business community for businesses operating in Liberia to carry on all commercial transactions in both Liberian and United Dollars as legal tender.

“From the background of Mr. Modad, he will definitely examine the causes especially of our political commodities (Rice & Petroleum) and will do all to vigorously address and handle such a burning issue with care and cautioned,” the group stressed.

Meanwhile, PAGG lauded President Boakai for the appointment of Modad.

Modad’s appointment has steer-up public reactions over conflict of interest as an investor who has several businesses scatter across the country, including hotels, construction companies, etc.

In defend of these widespread accusations of conflict of interest, Modad said recently in a radio interview that his wife and other trusted allies will manage his business and “no government’s contract will be awarded to my businesses while serving as Minister of Commerce”.

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