Liberia’s Finance Minister Warns of Another April 14th Riot If………… Special Correspondent: Edwin Dennis- Part I:email@example.com Advertisements
“Liberia’s Finance Minister, Amara Konneh warns of another April 14th Rice Riot -style incidence in his country if the government of President Ellen Johnson-Sirleaf does not change course in the way it expends revenue collected”.
“Our total disagreement and concern is with the overreach of this bill which in effect disenfranchises these individuals from exercising their political choice. It would seem by doing so would be penalizing them for having rendered invaluable services to the country. We are all aware of the role played by the bank in the negotiations and the arduous work done by it toward meeting the benchmarks that were required by the IMF and World Bank for external debt relief. We are also aware of the bank’s continuing astute management over the financial system of Liberia in adopting sound policies for the growth and expansion of the economy. We are cognizant of the low savings rate and depth of non-performing loans which have been some of the major challenges facing the banking system. The bank’s role in channeling loanable funds to underserved segments of the population should be embraced and further harnessed”.
Liberia: Lawmakers Accuse President Sirleaf of Shielding U S Citizen Son to Evade Taxes in the United States
“The Liberian House of Representatives over the weekend accused President Ellen Johnson-Sirleaf of concocting a scheme to shield her son, Robert Sirleaf , a United States citizen to evade taxes in the United States by appointing to as head of Liberia lucrative National Oil Company on a pro bono basis”.