Protection of Liberian Small Businesses Underway
Representative Fofi Sahr Baimba of Lofa County's District # 2, has submitted a Draft Bill to the Plenary of the House of Representatives, calling for the creation of Liberian Small Businesses.
In a communication to Speaker Alex Tyler of the Honorable House of Representatives, dated June 11, 2012, the Lofa County Lawmaker told his colleagues that there is an urgent need for Small Businesses in the country to be guided and protected through an act of legislation in line with the ‘Public Administrative Law’.
The bill named and styled “An Act to create the Liberian Small Businesses Administration.”
According to the communication, which was read on Tuesday, during its 43rd Day Sitting, Rep. Baimba reminded his colleagues that the Liberian Constitution has made it clear in Article 18, that greater opportunities for employment should be provided for the sole purpose of improving human conditions and ensuring that standards are set principally to safe guard the country and its people.
He stated that Liberian small businesses over the years, played a pivotal in the social and economic development of Liberia and as such rallied his colleagues to see reason to pass the draft bill into law for the overall advancement of small businesses in the country.
“This Act, which is called the Liberian Small Businesses Administration, when pass into law will put into place the necessary legal policy framework to institutionalize small businesses through capacity building amongst others.
“We believed the robust assistance by the Liberian Government to small businesses is encouraged for income generation,” Rep. Baimba said.
Members of Lower House unanimously voted during and turned to the draft bill to them committees on Judiciary and Commerce and Industry and advise Plenary in two weeks.
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