- Search Results
 
 
Speaker Tyler Roots For Export.....
Date Uploaded: Feb 23, 2015

Speaker J. Alex Tyler

 

 

Speaker Tyler Roots For Export-Based Economy

By Robert Dixon/LINA

MONROVIA, February 23(LINA) - House Speaker J. Alex Tyler says a U.S. dollarized economy without a corresponding export and manufacturing sector is a recipe for a lopsided economy.

He said without the controls or personnel as well as proper mechanisms for a stringent management of the country's banking, financial and fiscal sector, Liberia runs the risk of being exploited by money launderers and other unscrupulous persons.

According to the Liberia News Agency, Speaker Tyler made the statement Monday at a one-day High Level Roundtable Conference on the Economic and Constitutional Implications of Liberia’s Dual Currency Regime.

The conference held at the Monrovia City Hall was organized by the Governance Commission in collaboration with the Constitution Review Committee. 

He said a non-export economy with a dominant currency floating around “a very weak one leads to a crisis-brewing economic environment.”

In remarks, the Chairman of the Governance Commission, Dr. Amos Sawyer, said the purpose of the roundtable was to highlight the monetary and related fiscal issues having to do with challenges faced by citizens whose worsening economic plight could be alleviated through constitutional amendment.

LINA

 

latest headlines
Coca-Cola Africa Recommits To WASH Promotion
Coca-Cola Bolstering Africa’s Resilience and Replenish Africa Initiative Programs say more than six million Africans are expected to be reached ...more
Children Forum Craves Justice In Bong
More than 150 children from the 13 administrative districts of Bong County under the umbrella of the Liberian Children Forum have gathered in Gba ...more
PUL To Hold Conflict Sensitive Journalism, Social Media Activists Training
The Press Union of Liberia (PUL) has announced that it will hold a two-day Conflict Sensitive Journalism and Social Media Activists Training from ...more
UN Begins Women Confab In Bong
The United Nations Entity for Gender Equality and Empowerment of Women in Liberia is currently conducting four-day Peace Hut Women Strategic Plan ...more
CU Prexy Brown Is 170th Independence Day National Orator
The Ministry of Foreign Affairs has announced that Dr. Herman Beseah Browne, President of the Cuttington University is the 170th Independence Ann ...more
Justice Youh, 3 Female Judges Attend All-Women Regional Confab In Abuja
An all-female Liberian delegation, comprising an associate justice and three judges, recently attended the International Association of Women Jud ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency