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Business and Economic
Ja’neh Speaks On Bleeding Economy, Recklessness Of State
By Grace Q. Bryant
The former Associate Justice, Kabineh Muhammad Ja'neh says the bleeding of the economy under the Weah administration will come to an end on November 14.
Speaking with journalists recently in Monrovia, Cllr.…
CBL Retains 20 Percent Monetary Policy Rate
The Board of Governors of the Central Bank of Liberia (CBL), proxying for the Monetary Policy Committee (MPC), has resolved to maintain the existing monetary policy rate (MPR) of 20 percent.
During their meeting on Wednesday, October…
Bright Rubber Plantation Accused Of Bad Labor
By Bill W. Cooper
The Bright Rubber Plantation, a prominent rubber supplier, has come under intense scrutiny from employees, over allegations of 'bad labor practices' and 'modern day slavery' at the company.
The plantation, situated…
Bad Road Causes Govt’ Low Income At Guinea-Nimba Border
By Solomon T GayeThe deplorable road condition between Liberia and the Republic of Guinea is hampering free movement at borders in Nimba County.Speaking to this paper in Ganta, Old Lady Jereline Nyan explained that marketers are finding it…
CBL To Phase Out Old Currency By 2024
The Central of Bank of Liberia (CBL) will officially terminate from circulation all old Liberian dollar banknotes printed before 2021 as of March 31, 2024, in compliance with Section 25 of the Amended and Restated Act of the CBL of…
House Scrutinizes Bea Mountain MDA
President George Manneh Weah has submitted to the House of Representatives for ratification, the restated and amended mineral development agreement between Liberia and Bea Mountain Mining Corporation (BMMC).President Weah informed the…
LRA Deploys 90 Tax Agents In Bassa
The Liberia Revenue Authority (LRA) deployed 90 trained tax agents in Grand Bassa County, to officially kick off its Real Property Tax Decentralization Project, which will result into revenue-sharing between the government and the county.
…
CBL Increases Monetary Policy Rate To 20%
The Board of Governors of the Central Bank of Liberia (CBL), acting as a proxy for the Monetary Policy Committee (MPC), increased the monetary policy rate (MPR) by 250 basis points to 20%, aimed at reversing the recent trend in the…
House Passes US$ 759M Draft Restated Budget Uncontested
The House of Representatives constituted a committee of whole to pass the draft restatement budget of fiscal year 2023 on July 18, following the submission of the instrument by President George Weah.
“It is my pleasing duty to herewith…
Legislature Receives Over US$700M Recast Budget
By Precious D FreemanPresident George Weah has submitted a recast budget as a proposed restatement of the Fiscal Year 2023 national budget in the amount of US$ 759.4 to the Legislature.According to the President’s communication, the…