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Economy
Pres. Weah’s Request to Recast Annual Budget Suffers Setback at House of Representatives
CAPITOL HILL, Monrovia – President George Weah’s request to adjust Liberia’s 2022 National Budget has suffered delay at the House of Representatives after Representative P. Mike Jurry (District #1, Maryland County) challenged plenary’s…
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Liberia’s Domestic Debt Profile Hits over US$800m as Senate Sets Statue of Limitation for Such…
MONROVIA – Liberia’s current domestic debt stands at over eight hundred million United States Dollars and that is exclusive of foreign debt. The disclosure was made Thursday by the Senate Ways, Means and Finance Committee.
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Central Bank of Liberia Engages The Royal Mint UK to Deliver Lower Denominations of Liberian Dollars…
MONROVIA – The attention of the Central Bank of Liberia (CBL) has been drawn to persistent public concerns about the shortage of L$5 and L$10 on the economy, despite a series of radio programs organized by the CBL explaining the causes…
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Liberia: Liberians Decry Scarcity of L$5, L$10; Says It’s Causing Inflation
Monrovia – Liberians, mostly vendors have expressed frustration over the lack of small denominations of the Liberian banknotes, something they say has led to the increment of prices of commodities on the market.
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ECOWAS Sends Delegation to Liberia to Discuss Transition from GST to VAT
MONROVIA – The Economic Community of West African States (ECOWAS) says, it is sending a three-member high-level delegation to Monrovia from 30th May to 2nd June 2022 to hold a series of discussions with the Liberian…
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Sub-Saharan African Growth Slows Amid Ongoing and New Economic Shocks
induced by the COVID-19 (coronavirus) pandemic, the region now faces new economic growth challenges, compounded by the Russian invasion of Ukraine.
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Liberia to Move from GST to VAT Tax System
MONROVIA - The government of Liberia is going through its preparatory process to transition from Goods Service Tax (GST) to the Value Added Tax (VAT) system, an official of the Finance Ministry has said at a validation workshop outside…
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Liberia: Government Explains Sudden Hike in Price of Petroleum Products; Says It’s Motivated…
MONROVIA – The Government of Liberia has emphasized that its recent decision to set a new price structure for petroleum products in the country was not arbitrary, but one motivated by external factors.
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Liberia: Senate Cites Ministry of Finance And Development Planning Minister on Domestic And External…
MONROVIA – The Plenary of the Liberian Senate has mandated the Secretary of Senate, Nanbolor F. Singbeh to cite the Ministry of Finance and Development Planning, Samuel D. Tweah, on Thursday February 24, 2022 to appear before a…
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Central Bank of Liberia, Commercial Banks Sign MOU to Coordinate and Implement the Issuance of New…
MONROVIA – The Central Bank of Liberia (CBL) and commercial banks have signed a Memorandum of Understanding (MoU) committing the parties to closely coordinate in implementing CBL’s Currency Changeover Plan.
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