The Government of Liberia, through the Ministry of Commerce, the Central Bank of Liberia, and the Ministry of Justice will this Wednesday, October 27, release a joint statement on the prevailing macroeconomic situation pertaining to the link between the recent appreciation of the Liberian dollar banknotes relative to the United States dollar, and price stability.
The joint release will detail and specify mechanisms that the Government will take to enforce the prevailing exchange rate posted daily by the Central Bank of Liberia.
This joint Statement will be fully backed by the Ministry of Justice – responsible for law enforcement in the country, and will the statement will be aired on various national and community radio stations in the country.
On Thursday, the Government will also hold a major press conference at the Ministry of Information Culture Affairs and Tourism to discuss the joint statement and provide additional clarity that may be needed by the public.
