Emmanuel Weedee-Conway /23/Dec/2024
The Board of Governors of the Central Bank of Liberia (CBL), proxying for its Monetary Policy Committee (MPC), has raised the Monetary Policy Rate (MPR) by 250 basis points to 17.5 percent, to preempt further inflationary pressures, going into the third quarter of 2023. The Board, during the second quarterly meeting of 2023, affirmed its decision to maintain the existing reserves requirement ratio at 25 percent for Liberian Dollars and 10 percent for United States Dollars.
31/May/2023
In addition to previous documentary evidence, the Heritage Newspaper has uncovered more discrepancies into Kailondo Petroleum Incorporated’s Account at the Guaranty Trust (GT) Bank Liberia Limited.
31/May/2023
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The Liberian Senate has set up an Ad-Hoc Committee to probe the US$20 Million (Twenty Million United States Dollars) arrears of the Road Fund.
25/May/2023
TRANSCO CLSG has been holding high-level coordination meetings with the authorities of the Organization for the Development of the Gambia River (OMVG) to synchronize the landmark CLSG network with the OMVG network to boost the transmission capacity of the CLSG line.
23/May/2023
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