Economy

NaFAA takes Steps to fight Migrant, Bad Fishing Practices

To address claims that migrant fishers are depleting Liberia’s waters through the use of unacceptable fishing gears at the disadvantage of local fishermen, the Director General of National Fisheries and Aquaculture Authority (NaFAA) has issued a mandate for the setting up of a taskforce in Maryland, Grand Kru, Sinoe and River Cess to deal with migrant and illegal fishing.

15/Jun/2023

Economy

Cllr. Zoe pledges to strengthen Public Trust and Confidence in the Fight Against Corruption

The newly appointed Executive Chairperson of the Liberia Anti-Corruption Commission (LACC), Cllr. Alexandra Kormah Zoe, has vowed to strengthen the public's trust and confidence in the LACC and reaffirm its crucial role in combating corruption.

14/Jun/2023

Economy

Global Economy on Precarious Footing Amid High Interest Rates

Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank's latest Global Economic Prospects report.

09/Jun/2023

Economy

GoL, AFDB sign US$3.9M Grant Agreement to upgrade CBL Payment Infrastructure System

The Government of Liberia(CBL) and the African Development Bank(AFDB) recently  signed a grant agreement in the amount of US$ 3.9 million for the upgrade of the Central Bank of Liberia payment infrastructure system to strengthen its primary data center recovery sites.

09/Jun/2023