Tag Archives: General Auditing Commission

Senate to Probe Skyrocketing Currency Exchange Rate

Senate to Probe Skyrocketing Currency Exchange Rate

The Liberian Senate has mandated its committees on ways, means, finance, and banking and currency to probe into the accelerating depreciation of the Liberian dollar against the U.S. dollar currency and the resulting adverse effect on the economy.

Weah Commissions Audit of US$25 Million Allotted for Mop Up Exercise

President George Weah has ordered the General Auditing Commission to conduct an investigative audit into how the US$25 million approved to be infused into the economy to mop excess Liberians dollars as a means to stabilize US-Liberian dollars exchange rate was expended.

US$2.7 Million County Development Projects Abandoned in Margibi

Some citizens in Margibi are outraged about the slow pace at county officials are moving to use the US$2.7 million approved under the County and Social Development Fund in 2011 and 2013 to implement development projects.