IPNews-Monrovia, Liberia-28 December 2017: President Ellen Johnson Sirleaf has with immediate effect suspended all payments of bonuses, severance allowance, and incentives to members of the Board of Directors, Managing Directors, Deputy Managing Directors, and all other Officials of similar standing, in the employ of the State-Owned Enterprises (SOEs), Commissions, and other Autonomous Agencies of the Government of Liberia (GOL).
President said the government was taking such measure in responds to current financial and economic situation of the Country.
The President in an Executive Mansion release additionally states that all expenditures save for salaries and allowances, for the daily operations of all Government Ministries and the above mentioned institutions, in the amount Ten Thousand United States (US$10,000) Dollars and above must be approved by the Office of the President.
The Standing executive Oder furthered directs that all Ministers, Heads of SOEs, Commissions, and Autonomous Agencies of GOL are hereby advised to take due cognizance and give effect to this directive as of the date of the issuance of the Oder beginning 20th day of December 2017 in the City of Monrovia, Republic of Liberia. The release concludes.
