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.
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?
Duannah Kamara, the managing director of the Liberia Water and Sewer Corporation, says the utility company is considering revisiting the current tariffs on water.
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.
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.
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.
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.
Bongâ€™s third district representative, Marvin Cole, has described claims that he is conspiring with Vice President Jewel Howard-Taylor to overthrow the government of President George Weah as â€œfalse and malicious.â€