Liberia: Govt, EU Light up Peace Island as Part of US$63 Million Electricity Project in Monrovia & Suburbs
Liberia: Govt, EU Light up Peace Island as Part of US$63 Million Electricity Project in Monrovia & Suburbs
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Monrovia – The Government of Liberia and the European Union have lighted up Peace Island Community under the ‘Light Up Monrovia project’ with a call on residents to desist from power theft and take ownership of the electricity in their communities and homes.
Residents of Peace Island Community, located in Congo Town, Monrovia were ecstatic and all out jubilant as they welcomed President George Weah and the European Union Head of Delegation Laurent Delahousse and their entourage to light up their community.
Liberia: Central Bank Requests Printing of L$27.5 Billion Additional Banknotes as Short-term Plan to Address Liberia’s Cash Strap Problem, But Needs US$21.7 Million for Printing Cost
Liberia: Central Bank Requests Printing of L$27.5 Billion Additional Banknotes as Short-term Plan to Address Liberia’s Cash Strap Problem, But Needs US$21.7 Million for Printing Cost
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Capitol Hill, Monrovia – The Executive Governor of the Central Bank of Liberia (CBL), Jolue Aloysius Tarlue says to address the shortage of Liberian banknotes on the market, the CBL needs the authorization to print L$27.5 billion to infuse in the economy over the period of three years.
Liberia: River Gee Lawmaker Requests Plenary to Grill Ministers McGill, Tweah, Sonii over President’s ‘Failed’ Promises
Liberia: River Gee Lawmaker Requests Plenary to Grill Ministers McGill, Tweah, Sonii over President’s ‘Failed’ Promises
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Capitol Hill, Monrovia – River Gee County Electoral District Three Representative, Francis Saidy Dopoh is craving the indulgence of plenary to invite President Weah’s top cabinet members to testify whether the Government actually supplied schools across the country with chairs as announced by the President.
The officials include the Minister of State for Presidential Affairs, Nathaniel McGill, Finance and Development Planning Minister, Samuel Tweah and Education Minister, Prof. Ansu D. Sonii, Sr.
Liberia: Finance Minister Wants Authority to Print New Banknotes Taken from the Legislature
Liberia: Finance Minister Wants Authority to Print New Banknotes Taken from the Legislature
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Finance Minister Samuel Tweah said due to the politics over the last two years, no serious amount of money has been printed, citing a hold on to printing of new banknotes when Kroll was investigating the alleged L$16 billion.
MONROVIA – Finance and Development Planning Minister, Samuel Tweah, says politicizing of monetary issues in Liberia is leading to the “erosion of confidence in the banking system”.
Speaking to the BBC Focus on Africa on Monday, Minister Tweah said Liberia struggled with improvements on its monetary policy under the International Monetary Fund benchmarks because in December 2019, the government needed to provide the commercial banks to pay salaries and there was no way the government could have done so while at the same time meeting the net international reserve tar
Finance and Development Planning Minister, Samuel D Tweah Jr.
In an effort to mitigate the effects of the global pandemic, at least 85,000 Petty Traders, including Market women, are expected to benefit from a COVID Cash Transfer Program in Liberia.
Launched by the Government of Liberia on December 19, 2020, in collaboration with USAID, the COVID cash transfer of US$150 will be disbursed to the most vulnerable in the Liberian society in three installments in an effort to cushion the effects of the global pandemic.
Finance Minister Samuel Tweah told participants during a virtual conference meant to launch the program that, in the Pro-poor Agenda for Prosperity and Development (PAPD), the government looks at social protection as a valuable investment, particularly in vulnerable rural settings. Minister Tweah said in the last few years, resources that have been dedicated to social protection programs have been on the low side, which he said the Weah administration wants to scale up.