Monrovia (Reuters) - Liberia's newly sworn-in President George Weah pledged to cut his own salary by a quarter on Monday, in a nationwide address in which he warned of tough times ahead for a "broke" country. Our currency is in free fall; inflation is rising," Weah said. As a quirk of that history only "people of color" are constitutionally allowed to become Liberian and only Liberians can own property. Weah described these clauses as "unnecessary, racist and inappropriate" for a Liberia in the 21st century. Despite his avowedly grim outlook on the economy, Weah pledged a $3 billion coastal road project that would link the capital to its remote southeast.

Source: Front Page Africa January 30, 2018 03:45 UTC