Contradictory Claims on Liberia’s Economy: Weah, Boakai Provide Conflicting Figures But Weah Might be Right - News Summed Up

Contradictory Claims on Liberia’s Economy: Weah, Boakai Provide Conflicting Figures But Weah Might be Right


Weah said: “… it is possible to inform you that the state of the economy that my administration has inherited, leaves a lot to be desired. Weeks disclosed to the House that as at January 22, 2018, “the total balances was US$5,637,000”. In 2018, my Government inherited a Consolidated cash position of about SEVEN MILLION UNITED STATES DOLLARS. President Boakai: The net international reserves position reported at the end of December 2023 was US$220 million. The balances show that the total for FY2023/2024 in US Dollars is US$28,270,302.87, while the total balance in the Liberian dollar consolidated account is L$2,237,071,975.08.


Source: Front Page Africa January 30, 2024 13:48 UTC



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