Liberian President George Weah presides over a country of 4.8 million people with a predominantly cash-based economy. In December 2020, Liberians started seeing a shortage of Liberian dollars at banks. In the same month, the government executive arm was asked to account for damaged banknotes before the national legislature could authorise the printing of new banknotes. Finance Minister Samuel Tweah said: “I think the government wants to replace the entire stock of money and hit a monetary reset button. He added that the legislature needed to discuss authorising the printing of more banknotes, writes Daniel Finnan for Radio France Internationale. In the meantime, traders at markets are feeling the pinch as the lack of Liberian dollars directly affect their pockets.
Nimba County Representative, Samuel Kogar, says President George Weah’s travels to the Arab World and Asia for foreign help will not bring much-needed solutions to revive the … Read more »
President George Weah has made a number of sweeping changes to his cabinet on October 1, 2020, affecting several ministries and agencies. The move which still needs approval from … Read more »
In his third annual address to the 54th Legislature, Liberian President George Weah described agriculture as critical to the transformation of the country. He also said his … Read more »