However, many in the opposition have been pressing for more action from the president and encouraging him to go a step further in taking action against his influential finance and development planning minister, Mr. Tweah. IN JULY 2018, President Weah announced that USD 25.0 million would be “infused” into the Liberian economy to “mop-up” excess LRD banknotes in an attempt to address the depreciation of the Liberian Dollar. The President further mandated the Economic Management Team chaired by Minister Tweah, and the CBL to implement the USD Mop-Up Exercise. THIS WE believe is a step in the right direction on a road less traveled in recent Liberia’s history. But we caution the president and government to ensure that recommendations and findings from the GAC, after its two-weeks mandate has expired, would be implemented to the core.

Source: Front Page Africa March 08, 2019 02:03 UTC