The deputy finance minister said due to the increase of domestic debt, his ministry is now adhering to the President's decision not to borrow any funds from the Central Bank of Liberia to pay off the current debt.
"The government owed the CBL US$233 million, the National Social Security and Welfare Corporation US$50 million, and commercial banks US$55 million before the President made his decision in 2019," he explained."After the President ordered in 2019 that no money be credited from the CBL, further debts were calculated and imputed to the government grant, totaling US$708 million."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom will restore power to Parys, Vredefort when debt is settledEskom said it issued a quotation for the municipality and during meetings held this past week - Ngwathe agreed to pay for the repairs. Thanks for restoring my happiness in my darkest days, during those period I invested $500 and to my greatest surprise I got a return of $5,500 in just seven days he's reliability can't be equated BernardMason07 In the meantime paying customers and those with prepaid meters are screwed Now there is also no water for 2days coz without power water can’t be pumped Eskom_SA ur beef is with the municipality & not it’s people find a better solution to this cat fight EWN reporter should ask why the protections system is non-functional as the breach of a NMD should never result in a technical failure. Seems to me that Eskom spokesperson should rather comment on if the distribution system maintenance and tech compliance is to the required std
Source: ewnupdates - 🏆 30. / 53 Read more »
Argentine economy minister who renegotiated IMF debt resignsArgentine economy minister Martin Guzman, who led debt renegotiations with the International Monetary Fund, announced his resignation Saturday, spa... I wish some of our minister could do the same......
Source: eNCA - 🏆 49. / 51 Read more »