As of September 30, 2024, the Liberia Revenue Authority (LRA) says it has successfully collected US$513.8 million or 74% of the total domestic revenue envelope of US$694.4 million, representing a 12% increase in domestic revenue compared to the same period last year. The collected amount is US$54.3 million more than the year-to-date revenue target. The…
The Minister of Commerce and Industry says Liberia has not experienced any shortage of rice and the price of the commodity has remained stable for the last nine months. Speaking Thursday, October 3, 2024, at the Ministry of Information regular press briefing, Commerce Minister Amin Modad said that as of September 27, 2024, India reduced…
Liberia Revenue Authority (LRA) has launched a state-of-the-art Automated Performance Management System (APMS) aimed at improving staff performance, productivity, and efficiency in the organization. The new system, which will take effect in 2025, is expected to significantly enhance the LRA’s revenue collection as it strives to move from collecting millions to reaching billions. The new…
Amidst uncertainty in Liberia concerning the alleged purchase of a US$96,000 vehicle for Commerce Minister Amin Modad by the Liberia Revenue Authority (LRA), a group calling itself Coalition of Youth & Students for Better Liberia (CYSBL) has described the Commissioner General of LRA James Dorbor Jallah as an “integrity icon.” Speaking with reporters Monday, September…
The International Monetary Fund Management and Executive Board have approved a 40-month Extended Credit Facility (ECF) arrangement in the tone of US$210 Million for Liberia. The IMF’s Management and Executive Board made the approval at a Board meeting on Wednesday, September 25, 2024. Commenting on the IMF Board’s decision, Finance and Development Planning Minister Augustine…
The National Lottery Authority (NLA) has concluded a three-day Monitoring and Evaluation Result-based Training Workshop for its M&E Department in Monrovia. A release sent to this paper on Monday, Sept. 24, 2024, said the training workshop started on Wednesday, Sept. 18, 2024 and ended on Friday, Sept. 20, 2024 with the aim to accomplish NLA’s…
The Liberia Revenue Authority (LRA) says its attention has been drawn to recent media reports concerning the purchase of a vehicle for the Ministry of Commerce & Industry (MOCI) and various other allegations. The LRA clarifies that it has not purchased a vehicle valued at US$150,000, as reported. However, it confirms the approval of the…
President Joseph N. Boakai has called for a stronger partnership between Liberia and Canada; as Liberia’s development hinges on fruitful collaborations. Speaking September 19, 2024 at the 2024 Liberia Investment Forum 2024 in Toronto, Canada, President Boakai said Liberia’s progress in stabilizing its democracy and improving infrastructure is just the beginning. The Liberian leader told…
CICA Motors Liberia last Friday launched the all-new 2024 Toyota Land Cruiser Prado that showcases a striking redesign while preserving its iconic off-roads capabilities and robust engineering. CICA Motors Liberia Managing Director Navin Chandler said the first Land Cruiser was launched in 1951 and was the driving force behind Toyota’s international development, becoming synonymous for reliability,…
The Plenary of House of Representatives has mandated its Committee on Ways, Means and Finance to scrutinize a Bill seeking to amend the Liberia Consolidated Revenue Code. The House’s Press Bureau says lawmakers reached the decision Wednesday, 11 September, 2024 during the 6th day sitting of the 2nd Extraordinary Session following its submission by President…
