Liberians, many of whom are crying for the high cost of living nowadays say their hopes at the much publicize Legislative and Executive retreat which has entered its day two currently taking place at the at the prestigious and luxurious Farmington Hotel in Margibi County will come to a favorable results where all Liberians will enjoy the wealth of their country, Liberia, and not any one group of people.
Early this week, the Liberian leader, President George M. Weah invited members of the 54th Legislature for a retreat, to discuss the Government’s Wage Bill Harmonization Process.
According to report, the Hotel will host 180 people, including the President, Vice President, 72 members of the House of Representatives; 29 Senators and about 79 Cabinet members to include advisers to the President for their focus which will be chaired by the President will focus on issues of national concern.
In separate communications to both houses which was read concomitantly in both chambers on Tuesday, August 13, 2019, the Liberian leaded invited members of the 54th Legislature for a retreat centering around largely on the Government’s Wage Bill Harmonization Process, including the downward adjustments (cut) in civil servants’ salaries and allowances.
The Wage Bill Harmonization is to combine the separate payments of salaries, allowances, petroleum, scratch cards and other benefits of public officials into one payment, which will be paid in both currency with 65% in United States Dollars and 35% in Liberian dollars.
Upon the completion of the harmonization, both payrolls in US dollars and Liberian dollars will be singly managed and controlled by the Civil Service Agency (CSA) instead of the former undertaking wherein which CSA only handles the Liberian dollars payroll, while spending entities themselves handle their respective US dollars component of the payroll.
The retreat is expected to end today, Saturday, August 17, 2019.