IPNews-Monrovia: Liberia is struggling to strengthen its relationship with the international community in terms of accountability, but risk debt distress if no intervention is made to remedy the creeping situation and address the fiscal problem.
Despite all effort made to stabilize the Liberia economy through the mob up exercise as recommended by key state actors, finance minister Samuel Tweh has bluntly admitted that Liberia risk debt distress if fiscal is not in order with the understanding that the $25 USD million exercise did not heal any positive result, but distance himself from all financial malpractice associated with the two million mob up exercise.
It may be recalled, Minister Tweah and Nathaniel Patray came under heavy public criticism of squandering and personally pocketing money intended to reform the country messy economy for their individual gain under the pretense to deliver Liberians from economic stagnation, but Samuel Tweah who is alleged of being one of the main facilitators is now pointing fingers at the Central Bank.
Information parading the public corridor brings to spotlight the alleged reason behind the resignation of former Central Bank Governor Nathaniel Patray was due to the inequitable distribution of portion of the $25 million between finance minister and resigned Central Bank governor that led to them falling apart. It can be recalled that the pairs ignored the report of GAC into the 25 million investigation and promised to retire as governor with a scooping $500.000 USD as retirement benefit.
