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Business and Economic
Budget Performance Hearing Begins Tomorrow
The Committee on Ways, Means, and Finance in the House of Representatives is expected to begin hearing Budget Performance Reports at the Capitol Building for various line ministries and agencies consistent with Section 8a of the Budget Law…
Nigeria Customs Service Command On Study Tour
The Liberia Revenue Authority (LRA) has received a delegation from the Nigeria Customs Service Command and Staff College for a week-long study tour.The study mission is under the theme “Harnessing Capacity Building for Improved Modern…
Bong Service Center Generates Millions In Revenue
By Patrick N. Tokpah
The Liberia Revenue Authority through the Bong County Service Center has generated revenues amounting to L$ 3, 841,926.15 and US$16,322.46 in the county.
The Bong County Service Center was established on April…
Legislature Passes Nat’l Budget At US$782M
The House of Representatives has approved an amended version of the National Budget for Fiscal Year 2023 in the tune of US$782,943,000.00.
A statement issued by the HOR Press Bureau says, plenary took the decision on Tuesday, March 14,…
IMF Boss Visits Legislature …Discusses Liberia’s Economy
The new IMF Country Director, Eva Jenkner, on Friday paid a courtesy visit to Speaker, Dr. Bhofal Chambers.
The two officials discussed pertinence economic issues ranging from the challenges and prospects of the Liberian economy from…
Illegal Mining Threatens Forest, Biodiversity In Lofa County
By Emanuel P. AkoiThe illegal mining is taking place on the Lofa River around the towns of Bedayzibath, Kazza, Duogomai and Bortisu in Voinjama District. Over thirty (30) foreign nationals from Guinea, Sierra Leone, Mali and Nigeria are…
CBL Retains 15% Monetary Policy Rate
The Monetary Policy Committee (MPC) of the Central Bank of Liberia (CBL) says it has retained the monetary policy rate (MPR) at 15% and upheld the Liberian dollar and US dollar reserve requirement ratios at 25% and 10%, respectively.
…
Slowdown In Economy Growth Will Affect Developing Countries Hard
The World Bank’s latest Global Economic Prospects Report says the global economy is projected to grow by 1.7% in 2023 and 2.7% in 2024 but the sharp downturn in growth is expected to be widespread.
According to the report, the…
Gov’t Climaxes Tax Awareness
The Government of Liberia through the Ministry of Finance and Development Planning and the Liberia Revenue Authority (LRA), over the weekend climaxed Region II national Value Added Tax (VAT) awareness in Grand Gedeh County
Supported by…
Commerce Bans L’Oven Bakery From Producing Ice Cream
The Liberian Business Association (LIBA) has commended the Ministry of Commerce & Industry for halting the Lebanese-owned L'Oven Bakery from manufacturing ice cream.
Ice cream is one of 16 businesses reserved for Liberians under the…