Liberia: Be Careful What You Wish for

The Government of Liberia (GoL) or rather its functionaries appear not to be mindful of the seriousness of the current economic crisis facing the nation. The rapid depreciation of the Liberian dollar against the US dollar has apparently triggered the decision by authorities to withhold Liberian dollars from circulation as a way of inducing upward movement of the Liberian dollar against the US dollar. This has had an effect of bringing down the exchange rate from 230 LD to one US dollar to the current rate of 190 to one US dollar.

Officials of this government however appear to be grossly insensitive to the excruciating economic hardships people have to cope with daily. The convergence of former AFL soldiers and widows in protest for benefits due them should constitute a wake-up call to this government to get its act together else it could invite trouble upon itself for no good reason,

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