-Cites current financial, economic crisis
Monrovia, Liberia: Just weeks before her second six-year term expires, President Ellen Johnson Sirleaf has put a freeze on all payment of bonuses, severance allowance and incentives to her officials of state agencies, due to the poor state of the country’s economy.
“Given the current financial and economic situation of the Country, 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), are hereby suspended with immediate effect,” an Executive Mansion press release said on Thursday.
“Additionally, 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 release said.
Signed by President Sirleaf, the Standing executive Oder furthered: “Accordingly, all Ministers, Heads of SOEs, Commissions, and Autonomous Agencies of GOL are hereby advised to take due cognizance and give effect to this directive”.
The Executive is dated was dated December 20, 2017 but was disclosed on December 28.