President George Weah has written the House of Representatives asking that his submission of the 2019 draft budget will be delayed by one month.
To Address Escalating Exchange Rate, Gov’t Plans to Issue New Currency
Finance Minister Samuel Tweah has announced that the government has decided to issue a new currency to immediately address the increasing U.S.-Liberian dollar exchange rate.
OP-ED: The Current State of Affairs in Liberia — President Weah Needs to Lead
The group of ex-rebel generals initially demanded that Representative Yekeh Kolubah surrender himself to them so they could turn him over to the government for questioning. Can you imagine?
LWSC Wants to Increase Water Tariffs
Duannah Kamara, the managing director of the Liberia Water and Sewer Corporation, says the utility company is considering revisiting the current tariffs on water.
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.
Central Bank Reacts Defensively to Government’s PIT Report
The Central Bank of Liberia has reacted to the report submitted by the Presidential Investigation Team on the US$25 million mop-up exercise, which was carried out by the Technical Economic Management Team through the Central Bank.
Police Announce Investigation into Death of Central Bank Official
The Liberia National Police says it is investigating the death of Matthew Innis, the Deputy Director for Micro Finance in the Regulation and Supervision Department at the Central Bank of Liberia or CBL.
Police Confirm Arrest of Milton Weeks, Charles Sirleaf, and Another Central Bank Official
The Liberia National Police has confirmed the arrest of the former executive governor of the Central Bank of Liberia, Milton Weeks, along with Deputy Governor Charles Sirleaf, and the director for banking at the Central Bank, Dorbor Hagba.