Liberia Imposes Travel Ban on Officials

GC0380Ellen Johnson Sirleaf, president of Liberia
  • Liberia Imposes Travel Ban on Officials

The worsening economic situation has forced Liberian President Ellen Johnson Sirleaf to imposed a 60-day travel ban on all government’s officials.

The ban affects all ministers and heads of other government institutions, as well as their deputies and assistants.

According to Africa Review the Presidency said officials can only be allowed to travel when it is “of utmost imperative”, and such approval can only be made personally by the president.

“Exceptions will only be granted by the President herself following a one-on-one meeting with the official requesting to travel and if it is determined that such travel is of utmost imperative in the national interest.”

It says the decision was taken following a review of the economy by the Cabinet and the Economic Management Team set up by the president.

Liberia is going through a serious economic crisis, which the government blames
on the Ebola epidemic and the fall in the mining sector.

Major slump in prices of its major exports of iron ore and rubber, have further complicated the situation.

The Central Bank of Liberia has been tasked to look into the “alarming situation” also blamed on illicit outflow of foreign currency.

The bank was ordered to ensure it curbs the illicit flow of foreign currency.

Last week, owners of small businesses staged a three-day protest over the effect of the situation on their livelihoods.

The peaceful march to the House of Representatives also saw the traders shut down their businesses.

The traders were concerned about the government’s apparent inability to address persistent fluctuation of the Liberian dollar against the US currency.

The Liberian government recognises both currencies as its legal tender.

The traders were also unsettled by a new tax by the government which they say the depreciation of the Liberian dollar makes hard to cope with.

President Sirleaf angered the business community when she blamed them for being part of the cause of the currency shortage by sending the money abroad.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

Be the first to comment on "Liberia Imposes Travel Ban on Officials"

Leave a comment

Your email address will not be published.


*