The Executive Governor of the Central Bank of Liberia (CBL), Mr. Milton Weeks says global commodity price shock and the impact of a devastating Ebola Virus Disease (EVD) are two major factors responsible for the dismal performance of the Liberian economy during 2016.
The 2017 Mid-Year statutory meetings of the West Africa Monetary Agency (WAMA) and the West Africa Monetary Institute (WAMI) got underway today in the Liberian capital, Monrovia, with invited delegates from the sub region in attendance.
The Director General of the West African Monetary Agency (WAMA), Mr. Momodou B. Saho, says the ongoing ECOWAS conference comes against the backdrop of slowdown in growth momentum in the sub region reflecting developments in the largest economy, Nigeria.
Monrovia, Liberia - Fiscal and Monetary policy experts in the West African sub region will today in the auditorium of the Central Bank of Liberia, commence a nine-day intensive High-Level Statutory Conference aimed at finding workable solutions to the numerous economic challenges facing their embattled economies.
A high-level statutory conference of the Committees of the Ministers of Finance, Governors of Central Banks and the College of Supervisors of the West African Monetary Zone (WAMZ) is slated to take pace in Monrovia from July 27-August 4, 2017.
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