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Now that the Finance Minister has appeared

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Now that the Finance Minister has appeared

On Tuesday, May 13, 2014, Finance Minister Amara Konneh appeared before members of the House of Representatives following a much trumpeted invitation from that august body, requesting his appearance and to show cause why the nation continues to experience budget shortfalls since his rise to the post as Finance Minister.

 

Our national economic drive must be holistic

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Our national economic drive must be holistic

The Minister of Finance of Liberia, Amara Konneh, on Tuesday, May 13, 2014, responded to the invitation extended him by the House of Representatives by his appearance to show substantive cause(s) why the nation continues to experience continuous budget deficit since his incumbency. The decision by the Lawmakers to have invited the Finance Minister stemmed from a communication addressed to Speaker Alex Tyler by Representatives Isaac Roland of Maryland and Numene T.H Bartekwa of Grand Kru Counties and read in Plenary recently, complaining that the current budget shortfall was also reported and experienced during the last fiscal year, and was even worsening daily, resulting to delays in implementing other essential programs and projects of Government.

 

Lawmakers vs. Konneh: Only a holistic approach

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Lawmakers vs. Konneh: Only a holistic approach

It may all be set for the appearance of the Minister of Finance of Liberia before members of the House of Representatives on Tuesday, May 13, 2014. Minister Amara Konneh will be facing the Representatives to show substantive cause(s) why the nation continues to experience continuous budget shortfall. The decision by the Lawmakers to invite the Finance Minister stems from a communication addressed to Speaker Alex Tyler and read in Plenary recently, complaining that the current budget shortfall was also reported and experienced during the last fiscal year.

 

NEC must abort premature campaigning

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NEC must abort premature campaigning

In adherence to the 1986 Constitution of Liberia, a midterm for 15 Senators of the Liberian Senate under the auspices of the National Elections Commission or NEC is expected to place this October across Liberia. 13 of the 15 Senators, who are already in the 9th year on Capitol Hill in Monrovia, are desirous of contesting to succeed themselves, while other Liberians with deep interest in the job are also equally preparing themselves.

 

The uncontrollable price system: Ellen must intervene

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The uncontrollable price system: Ellen must intervene

Liberia is currently experiencing an unfortunate economic difficulty despite its captivating and development-oriented economic policies. For the last two fiscal years running, ‘budget shortfall’ has become the nation’s new slogan.  While some, including members of the Legislature are attributing the situation to the inability of Minister Amara Konneh and the Ministry of Finance to manage the financial sector, others are also apportioning bulk of the blame on the lawmakers for including additional sources of revenue amounting to more than US$30m, without being sensitive to the technical financial ‘know-how’ of revenue generation. But another major factor that we all may be abreast with is our inability to export. While we may have already addressed the foregoing, it is also important to note that the ‘intentional complacency’ exhibited by the Ministry of Commerce and Industry to regulate the nation’s price system is equally negatively impacting the socio-economic life of Liberians.

Last Updated ( Sunday, 04 May 2014 22:44 )
 
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