BARM SERVICES, INC.

THE FUTURE OF LIBERIA ROAD SECTOR FINANCING.

The replacement cost of main roads in SSA is nearly $80 billion and it requires annual expenditures on routine and periodic maintenance of over $800 million to keep these roads in a stable long-term condition. African countries have spent nothing like this amount during the past 20 years and, as a result, about $14 billion of the capital invested in roads has been eroded through lack of maintenance. SSA has been living off its assets.

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