Liberia: Finance and Planning Minister On the State of Nation's Economy

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The New Dawn newspaper reported (The New Dawn, January 10, 2014) that the House of Representatives (of the National Legislature) is expected to summon Finance & Planning Minister, Amara Konneh, and CBL Governor, Dr. Mills Jones ". . . to provide explanations on the rapid rise in the (foreign) exchange rate and the general state of the (Liberian) economy . . . what has happened to the economy of late . . . (to cause) the alarming increase in the (foreign) exchange rate of the US dollar against the Liberian dollar?".

In my reaction to this report, I held (The Analyst Liberia, January 16, 2014) that these officials, professional economists and financial management experts, are and will be happy to explain, in detail, the state of the nation's economy and its finance and budgetary plans. Thus, according to press reports, was the basis of the Minister's appearance before the Lawmakers on last Tuesday.

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