Tag: Railway
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🇱🇷 Liberia: ArcelorMittal Remains Liberia’s Largest Revenue Contributor Nearly Two Decades Running
New financial disclosures highlight ArcelorMittal Liberia’s position as the country’s largest and most consistent revenue contributor, with payments to the Government of Liberia now exceeding nearly half a million since the company began operations nearly two decades ago. According to data read by this paper this payment has repeatedly been made through royalties, taxes, and…
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🇱🇷 How Much Revenue Liberia Has Lost Under AML’s Monopoly
Liberia may finally be in a position to reclaim what policy analysts are calling “the years that the locusts have eaten,” as new economic data reveals the staggering scale of revenue the country has lost under ArcelorMittal Liberia’s near-exclusive control of the Yekepa–Buchanan railway. With President Joseph Nyuma Boakai, Sr. having returned the company’s Third…