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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 )
 

Not only have the Finance ministered Alone, But…

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Not only have the Finance ministered Alone, But…

The unfavorable economic situation in which Liberia is currently engulfed continues to make life unbearable of many Liberians. While some are blaming such continuous situation on the inability of the country to export, others are harboring various beliefs. At the middle of it all, the Government of Liberia, itself, may just not be financially upright due to the continuous budgetary shortfall/deficit it is experiencing.  The Ministry of Finance, through Minister Amara Konneh, a few weeks ago announced a budget deficit of US$47m for 2013/2014- a crisis that continues to raise eye-brows in certain quarters of the Liberian society.

 

Finding common ground through constructive engagements

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Finding common ground through constructive engagements

The Government of Liberia recently threatened to revoke the licenses of media institutions not in compliance with its regulations. Initially, the Ministry of Information, through Deputy Information Minister for Public Affairs, Isaac Jackson, had announced in Monrovia that most media entities in country were not in compliance with the government’s annual media registration, and that institutions failing to meet up with such annual regulation would be closed. The Telecommunications Authority or LTA, just last Thursday, April 24, 2014, also threatened the revoke the licenses of various radio stations in the country ‘operating illegally’.

 
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