Liberian Government Pays UPU Over US$4.3 Million

Pres. SirleafThe Government of Liberia has paid to the Universal Postal Union (UPU)  an amount of US$4.3 million for the International Postal Service (IPS) Light and Mail Services.

A Posts and Telecommunications 2015 annual report released recently stated that said payment was made through its International Bureau during the period under review in order to avoid the blocking of the Ruby, the Track and Trace system by UPU.

According to the report, the ministry has paid all its dues to the West African Postal Organization (WAPO) from 2012 to 2016, and has reduced some of its debts to the Pan African Postal Union (PAPU) by 40 percent.

However, the report indicated that the ministry is currently indebted to the International Telecommunications Union (ITU) in the tone of Swiss Franc 4,196,610.37 with plans to settle these debts through government budgetary support or debt waiver.

The report noted that Liberia has accumulated a huge sum of debt from its various partners, including UPU, in the amount of Swiss Franc 1,595,007.44 from 1979 to 2016.

“Presently, the ministry, through the International Bureau is negotiating with UPU on the consideration of Liberia’s debt interest waiver as well as changing the classification of fees and dues status from 1.0 to 0,5,” the report stated.

LINA

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About Cholo Brooks 13335 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.