USAID DEC
The Liberia Diaspora Engagement Policy (LDEP) aims to harness the power of the Liberia Diaspora to drive business exchanges for investment in Liberia.
2 pages

Abstract
The policy seeks to increase awareness of the LDEP to promote collective cooperation among Liberian-owned businesses, investors, and professionals in the Diaspora and in Liberia. The policy's guiding principles include preserving Liberian culture, improving public-private dialogue, and reconciliation of conflicting parties. The LDEP has identified key benefits of engaging the Diaspora, including preserving Liberian culture, improving public-private dialogue, and reconciliation of conflicting parties. The policy also aims to engage the youth and promote collective cooperation to drive business exchanges for investment in Liberia. The LDEP has set out to reduce barriers to participation in political and social development, increase investments and remittances flow, and transfer of human capital and technology. The policy's objectives include enhancing consular services' capacity to engage the Diaspora, expanding the use of town hall, consultative meetings, and cultural events, and leveraging remittances for productive investments. Additionally, the policy aims to enhance data collection and ICT, promote positive social media, rationalize the role of central ministries, agencies, and commissions, and engage private for-profit and non-profit services providers. The LDEP also seeks to engage partners that link higher education, research, and vocational training institutions. The Liberia Diaspora has significant economic potential, with over $300 million in remittances received in 2021. The Diaspora community is highly educated, with 42% of Liberians in the US holding a college degree. The community is also highly skilled, with 30% of Liberians in the US holding management or professional positions. The LDEP aims to tap into this potential by promoting business and investment opportunities, increasing skills and technology transfer, and reducing barriers to participation in political and social development. The policy's key activities include supporting Diaspora community organizations, promoting and facilitating exchanges among innovators, investors, businesses, and professionals, and providing a customized web app to facilitate organic engagements and promote business and investment opportunities. The LDEP also aims to increase philanthropy and build an institutional framework to execute the policy.
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