Category: Governance

Liberia’s Economic Crisis: Ministry of Finance Asks USAID for Help

Liberia’s Economic Crisis: Ministry of Finance Asks USAID for Help

Posted by | Jul 16, 2018 | , |

MONROVIA: Liberia’s Ministry of Finance and Development Planning (MFDP) has requested support from USAID/Liberia to conduct an “Assessment of the Liberian Economy” to determine the issues and challenges impacting the exchange rate. Liberia’s MFDP is seeking immediate help from the U.S. government to provide recommendations which include short-term, medium-term and long-term solutions. The Government of Liberia Needs Help – Perhaps Liberians Should Stop the Criticisms and Help! Description of the Issues According to USAID, Liberia is going through an accelerated depreciation of its currency and has seen significant uptake in inflation. These events are causing concerns amongst many Liberians including...

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Speaker Chambers, Former President Sirleaf and the Liberian Economy

Speaker Chambers, Former President Sirleaf and the Liberian Economy

Posted by | Jul 8, 2018 | , , |

The Speaker of Liberia’s House of Representatives, Dr. Bhofal Chambers, took an extraordinarily bold step in addressing issues surrounding the crippling Liberian economy.  In so doing, he suggests a cause of the problem, but offers, what some believe, are ineffectual doses that disregard the underlying weaknesses in the country. The Speaker recommends Liberia scraps the use of its dual currencies regime and return to using the United States (U.S.) dollar as the sole currency – an audacious move towards complete dollarization.  While we agree that Speaker Chambers is correct on the inflation-stopping powers of dollarization – notably, it will...

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Only in Liberia: A Legislator Wants to Run for Office to Become a Legislator

Only in Liberia: A Legislator Wants to Run for Office to Become a Legislator

Posted by | Jul 7, 2018 | , , , , , |

“You do not support politicians during elections if the only aim of the politician is to seek a higher salary or to stay in office. You vote for people who are going to do the best damn job for Liberians.” What is it that Representative Saah Joseph wants to do as a Senator that he could not do as a Representative of Montserrado County? Representative Saah H. Joseph, a member of the struggling ruling party, who holds or held a position on the planning and economic affairs committee that deals with banking and currency, wants to become Senator of...

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Eton Finance – A Bad Deal for the Liberian People

Eton Finance – A Bad Deal for the Liberian People

Posted by | Jun 3, 2018 | , , |

An Opinion: At Globe Afrique, we cherish the opinion and perspectives of all irrespective of race, gender, social status and religious affiliation. As Gandhi perfectly puts it, we believe through this process, we can help in making societies pure and healthy.  With recent revelations of a pending $536 million loan deal by defunct Eton Finance Private Ltd. of Singapore and the Government of Liberia, the inaugural remarks by President George M. Weah of Liberia that his country is “Open for Business” is quickly turning into ‘Liberia is up for sale.’ Perhaps, it would have been easier to place the...

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UN human rights expert launches official visit to assess freedom of expression in Liberia

UN human rights expert launches official visit to assess freedom of expression in Liberia

Posted by | Mar 7, 2018 | , , |

PRESS RELEASE: The UN Special Rapporteur on freedom of expression, David Kaye, is carrying out his first official visit to Liberia this week to assess the situation of freedom of expression and access to information in the country. “This visit will help me identify Liberia’s current challenges and suggest law and policy changes that will strengthen the right to freedom of expression,” said Kaye. “The constitution strongly protects freedom of expression, but there is a recognition that the legal and institutional frameworks need to be reformed for this guarantee to be meaningful in practice, both for individuals and the...

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Koffa’s effectiveness as a lawmaker might transform Liberia’s legislature

Koffa’s effectiveness as a lawmaker might transform Liberia’s legislature

Posted by | Mar 5, 2018 | , , |

Grand Kru County’s Representative to the Liberian House of Representatives Honorable J. Fonati Koffa Some Liberians might not agree on the best Liberian lawmaker in 2018 moving forward, but they would probably agree on what makes a lawmaker effective. Mostly, it is a matter of a lawmaker having a coherent program and finding ways to get it enacted. Similarly, it’s not too difficult to realize and define the qualities of an outstanding legislator. We are talking about somebody with the brains to understand complex problems, the creativity to frame solutions, and the personal skills to build majorities in favor...

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