Economy

To strengthen Liberian Dollar, CBL increases Monetary Policy Rate to 20%

The Board of Governors of the Central Bank of Liberia (CBL), proxying for the Monetary Policy Committee (MPC), increased the monetary policy rate (MPR) by 250 basis points to 20%, aimed at reversing the recent trend in the depreciation of the Liberian dollar. The decision was made during the Board’s sitting on 20 July 2023.

01/Aug/2023

Economy

GOL is working to produce Huge Quantity of Rice Locally

Deputy Finance and Development Planning Minister for Budget and Development has said the Government of Liberia(GoL) is working towards the production of five hundred and ten thousand metric tons of rice annually in Liberia.

20/Jul/2023

Economy

Equitable Trade Agreements, Regional Trade will drive investment in Africa -Deputy Minister Wolokollie addresses London Forum

Equitable Trade Agreements, Regional Trade will drive investment in Africa -Deputy Minister Wolokollie addresses London Forum

20/Jul/2023

Economy

Deputy Speaker Koffa urges Single Currency for Africa …Says Africa must embrace Trade Over Aide

Liberia's Deputy Speaker Cllr. J. Fonati Koffa has admonished Leaders of the African Continent to consider the need to reach a common position that will establish and commission the usage of a single currency by Africa, adding it will make doing business in Africa easy as well as booster trade and commerce across the continent, adding, it is economically essential and critical to adopt such progressive measure.

12/Jul/2023