Now the Government is paying almost all of its employees in Liberian Dollars, so you can imagine the demand for Liberian dollars. "Now the Government is paying almost all of its employees in Liberian Dollars, so you can imagine the demand for Liberian dollars. Expenses in the following categories will be paid on a split between Liberian Dollars and United States dollars”. Partial Liberian Dollars and United States dollars payments are also being made in Consultancy (Local) 40 percent Liberian Dollars and 60 percent United States Dollars, Goods and Services 70 percent Liberian Dollars and 30 percent United States Dollars, Subsidy 80 percent Liberian Dollars and 20 percent United States Dollars, Road contract (s) 50 percent Liberian Dollars and 50 percent United States Dollars, Purchase vehicle (S) 30 percent Liberian Dollars and 70 percent united States Dollars and petroleum 30percent Liberian Dollars and 70 percent United States Dollars, and Hundred percent United States dollars payments are being made for Foreign travels and Transfers. The preference for tax payments in Liberian dollars has left the Government holding large sum of Liberian dollars as compared to United States Dollars.

Source: Front Page Africa November 30, 2017 02:03 UTC