THE LIBERIA REVENUE Authority has been on the heels of businesses and ordinary Liberians to pay up taxes. LIBERIA HAS SEEN declining numbers in the mining sector, which was one of the key drivers of economic growth down by 17%, followed by 1.1% decline in the agriculture sector. ADDING MORE FUEL to the fire, IMF Directors during a recent visit to Liberia encouraged authorities to boost external buffers. Media institutions in particular are bearing the brunt of hardship with LRA stringent requirement of having tax clearance updated every three months. MOST BUSINESSES are struggling to get government to pay debts owed within the specified period on the tax clearance.
Source: Front Page Africa August 28, 2016 23:15 UTC