The International Monetary Fund through a team of experts has completed its Article IV Mission to Liberia, citing that high inflation threatens the success of the government’s pro-poor agenda.
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.
Gov’t Report on Missing Billions Calls for Demonetization
The technical committee of the President Investigation Team tasked with investigating the circumstances around the allegedly missing billions in new banknotes has released its report to the public, recommending that all current Liberian dollar banknotes (new and old) be removed from the market and replaced.
Milton Weeks, Charles Sirleaf and Dorbor Hagba Sent to Court on Multiple Criminal Charges
The Liberia National Police has forwarded to court the former executive governor of the Central Bank of Liberia, Milton Weeks, along with Charles Sirleaf and Dorbor Hagba, the current deputy governor for operations and the director of banking respectively.
Press Union Lauds Weah for Signing New Press Freedom Act into Law
The Press Union of Liberia or PUL has lauded President George Weah for signing into law, the Kamara Abdullah Kamara Act of Press Freedom.
Gov’t Appeals for Assistance to Nimba Mudslide Victims
The Liberian government is appealing for humanitarian aid to provide relief to victims and bereaved families of the affected mudslide community in Nimba.
Senate Swiftly Passes Resubmitted Hummingbird Agreement Amid Protests from Some Senators
On Thursday, February 28, the Liberian Senate voted to ratify the mineral development agreement signed between the government and Hummingbird Resources, a U.K.-based mineral company.
In Israel, Weah Unveils Business Opportunities in Liberia
The Executive Mansion disclosed in a release that Weah arrived in Israel for a state visit on February 25 and has been meeting with business executives, making field trips and giving speeches on the rich potential of critical sectors, including agriculture, mining, energy, tourism, and technology.