25. Is there a ban on candidates taking loans in relation to election campaigns?

Liberia

Liberia

Answer
No
Source

9.3 Obtaining Financial Assistance or Loans
Public Officials and Employees of Government may take loans from a person or legal entity
provided the loan is on commercial terms and include explicit requirements for repayment and a
reasonable rate of interest as established by law or as set by the Central Bank of Liberia or by
contract. (Source- AN ACT OF LEGISLATURE PRESCRIBING A NATIONAL CODE OF CONDUCT FOR ALL PUBLIC OFFICIALS AND EMPLOYEES OF THE GOVERNMENT OF THE REPUBLIC OF LIBERIA PART)

Close tooltip