Gov‘t reveals economic measures to address economic situation

MONROVIA, LIBERIA-Liberians are eagerly anticipating new measures set to be announced by the Government of Liberia, aimed at addressing the country’s current economic situation.

The policy measures are set to be unveiled later today in a joint release by the Government, through the Ministry of Commerce, the Central Bank and the Ministry of Justice.

The joint statement is expected to take into account, the link between the recent appreciation of the Liberian Dollar bank notes relative to the United States Dollar, and price stability.

Of late, the Liberian Dollar has been gaining strength against the US Dollar, but prices remain consistently high.

A MICAT release, however, said the joint statement will detail and specify mechanisms that the Government will take to enforce the prevailing exchange rate posted daily by the Central Bank of Liberia.


Please enter your comment!
Please enter your name here