Central Bank of Liberia Governor Nathaniel PatrayLAST WEEK, the Central Bank of Liberia was forced to take down from its website its own 2018 annual report which depicts the biggest budget shortfall ever in Liberia’s history. It must be noted that all fiscal data are reported in fiscal outturns and fiscal reports published on the website of the Ministry of Finance and Development Planning (MFDP). IRONICALLY, THE CBL now wants Liberia and the world to believe different – and doing a very poor job at trying. THE REPORT IS CLEAR: “The deficit was a result of fall in total revenue and grants receipts during the year. “The fall in revenue (including grants) during the year was occasioned by shortfall in both tax revenue and non-tax revenue.

Source: Front Page Africa February 15, 2019 01:41 UTC