Monrovia, Aug. 1 -- The Government of Liberia (GoL), through the Ministry of Commerce and Industry and in collaboration with the Central Bank of Liberia (CBL), has officially launched Phase II of the Micro, Small and Medium Enterprises (MSME) Line of Credit under the Liberia Investment Finance and Trade (LIFT) Project.

The signing ceremony, which was held at the CBL, now paves the way for the immediate rollout of Phase II of the LOC under the Liberia Finance Investment and Trade Project (LIFT-P).

Official signing of the credit will ensure the disbursement an additional US$3.5 million to participating financial institutions for onward lending to Liberian-owned businesses.

Speaking at the signing ceremony, which was graced by scores of i...