Following outcry over the endless increase in the exchange rate Liberian Dollar to United States which has hit One Hundred and Fifty Six Liberian Dollars to One United States Dollar, with many blaming this continual increase in the exchange rate on authority of the Central Bank of Liberia (CBL), the Executive Governor of the CBL has finally resigned.
Accepting his resignation, the Liberian leader, President George Manneh Weah in a press statement noted that he has received and accepted the resignation of the Executive Governor of the Central Bank of Liberia, Hon. J. Milton Weeks.
The President commended Hon. Weeks for his service to the nation and wished him well in his future endeavors.
A successor to Governor Weeks will be announced shortly.
In another development, the President has lauded Madam Elfrieda Stewart-Tamba for successfully ending her tenure as Commissioner General of the Liberia Revenue Authority (LRA).
Madam Tamba’s tenure officially ended on Saturday June 30, 2018.