Monrovia – Finance and Development Planning Minister-designate Samuel D. Tweah has told members of the Senate’s Ways, Means and Finance Committee that there are no quick fixed solutions to Liberia’s economic challenges at the moment. “The economy today is not good; the numbers we are seeing are not good. He also told members of the committee that rush to de-dollarize the Liberian economy caused increase in the exchange rate between the US and the Liberian dollars. This he said is a significant shortfall in foreign exchange, which puts pressure on the Liberian dollars. International survey conducted on the Liberian economy indicates that the country is a low-income country that relies heavily on foreign assistance.

Source: Front Page Africa January 25, 2018 03:11 UTC