MONROVIA – The World Bank has cautioned the Government of Liberia to institute both long and short-term strategies in order to tackle its growing inflation rate. Africa Pulse is the bi-annual analysis of the state of African economies by the World Bank. The World Bank report comes in the wake of uncertainty over the US$25 million the Liberian Government said it has infused into the economy to mop up the excess Liberians dollars and the alleged missing L$16 billion shenanigans. It added that while oil prices are likely to be on an upward trend into 2019, metals prices might remain subdued amid muted demand, particularly in China. Several oil exporters in Central Africa were helped by higher oil prices and an increase in oil production.

Source: Front Page Africa October 04, 2018 07:41 UTC