The Central Bank of Liberia (CBL) has refuted allegations made by a Portuguese national, Joao Miquel Amaro Correia, claiming that the bank failed to transfer $10 million to him for a real estate development project in Liberia.
President Joseph Boakai is poised to appoint former Finance Minister Augustine Ngafuan as the new Minister of Finance and Development Planning, following the resignation of Boima Kamara in July, according to people familiar with the plan.
The acting board of commissioners at the Liberia Telecommunications Authority (LTA) has signed its first regulations with the aim of opening the telecoms market.
Argentine authorities have quarantined a cargo ship in the Parana River over a suspected case of mpox onboard, the government said on Tuesday, as global public health authorities remain on alert for a new faster-spreading variant of the virus.
If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded.
In a move to spur economic growth and protect local industries, President Joseph Boakai has signed Executive Order No. 135, extending the measures instituted under Executive Order No. 119 to safeguard and stimulate local manufacturing.
Central Bank of Liberia Acting Executive Governor Henry Saamoi outlined ambitious vision aimed at transforming the institution into a more innovative and efficient entity.
The Liberia Electricity Regulatory Commission (LERC) has officially joined the African Forum of Utility Regulators (AFUR) after successfully navigating a rigorous admission process.
The Central Bank of Liberia (CBL) has issued a statement addressing reports in the media regarding the findings of the General Auditing Commission (GAC)...
From 2014 to 2016, Liberia experienced consecutive budget shortfalls. Then Finance Minister Amara Mohammed Konneh and his team predicted a $70 million shortfall in a budget of $622 million for the 2015-16 fiscal year, prompting drastic austerity measures.
