Japanese firms exporting to Africa via Turkey
AFP (File photo) / Liberian President Ellen Johnson Sirleaf is seen delivering a speech at the 2016 Concordia Summit at Grand Hyatt New York, in New York City, Sept. 20, 2016.
Liberian president Ellen Johnson Sirleaf, has ordered a 60-day ban on foreign travel for government officials, to curb the country’s depleted foreign currency reserves.
According to a statement issued by the presidents office over the weekend, the measure applies to all ministers and head of government bodies, their deputies and assistants.
The statement further stated exceptions will only be granted by the president following a one-on-one meeting with the official requesting travel, and “if its is determined that such travel is of utmost imperative in the national interest.”
It also deplored an “alarming situation of capital flight,” but critics say officials aligned to the president are responsible because they routinely send huge sums overseas.
The west African economy has been hard hit by the Ebola epidemic and the global slump in commodities prices.Source: Africa News