-Authorities Find Flimsy Justification
-As Hardship Rages In Liberia
It appears the raging hardship which ordinary Liberians have excruciatingly endured under the Ellen Johnson Sirleaf regime in that last few years has reached a point to draw international attention.
Representatives of two distinct international groups, including the International Monitoring Fund (IMF) and the United States Embassy near Monrovia, have for the time made their voices clear on the prevailing economic situation in the country, although the Liberian authorities are providing what critics describe as “flimsy” justification to economic the crisis, while at the same time promising to calm the situation in the future.
The Public Agenda Newspaper highlights and Reports some of the comments from the groups and the reaction of the Liberian Government as well as other reasons which critics or ordinary people believe are the root causes of the prevailing hardship in the country, other than the reasons being provided by the Liberian authorities.
A Team of IMF official recently visited Liberia and made observation on a number of things, including the issue of the perennial budget shortfall which has exacerbated suffering in the country and is undermining Liberia’s infrastructural development.
According to the IMF Team, budget implementation through December 2013 was constrained by revenue shortfall. “The overall fiscal deficit is still projected to reach 3.8 per cent of GDP in 2014,” something the Team noted was envisaged at the time of its the last review, as the Liberian authorities were able to reduce spending.
However, the IMF added in a rather diplomatic tone that the Liberian authorities were strongly committed to preserving current expenditure savings and to implementing decisive measures to raise revenue collection, including addressing the accumulation of taxes in the concession sector and at the same time collect fees owed by state entities.