By Solomon T. Gaye Sr.
As the economic hardship intensifies as a result of the instability in the exchange rate in the country, Representative Samuel G. Kogar has frowned on the Central Bank Governor for not working in the interest of the citizen to monitor the currencies on the market.
Representative Kogar further accused the bank governor of lacking the strategy to regulate the currencies on the market and among commercial banks operating in the country.
The District # 5 lawmaker in Nimba County made emphasis on the deplorable condition of the country’s economy which he alleged was due to the inflation of the currencies; US dollars versus the local currency.
Speaking at the Nimba Intellectual Forum over the weekend in Ganta City, Representative Kogar pointed accusing fingers at the Central Bank Governor for being responsible for the inflation of the two currencies on the market and observed that basis commodities will continue to be on the rise until steps are taken to improve the economic sectors of Liberia in the exchange rate of USD.
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