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	<title>Bad Economy &#8211; FrontPageAfrica</title>
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	<title>Bad Economy &#8211; FrontPageAfrica</title>
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		<title>Monrovia Shuts Down &#8211; Mass Protest Over Economy Begins</title>
		<link>https://frontpageafricaonline.com/monrovia-shuts-down-mass-protest-over-economy-begins/</link>
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		<dc:creator><![CDATA[Rodney Sieh]]></dc:creator>
		<pubDate>Tue, 31 Jan 2017 10:46:14 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Bad Economy]]></category>
		<guid isPermaLink="false">http://new.fpa.news/news/2016news/monrovia-shuts-down-mass-protest-over-economy-begins/</guid>

					<description><![CDATA[Monrovia &#8211; Central Monrovia, Paynesville and their environs are unusually empty this Tuesday Morning. Marketers and local business owners have decided to close their stores and refrain from&#8230;]]></description>
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<p><strong>Monrovia</strong> &#8211; Central Monrovia, Paynesville and their environs are unusually empty this Tuesday Morning. Marketers and local business owners have decided to close their stores and refrain from selling in a show to bring government’s attention to rising inflation and increment in tariffs and taxes which they say is killing their businesses and making life difficult.</p>
<p>  <span id="more-3254"></span> </p>
<hr />
<p><span style="font-size: 12pt;"><em><span style="color: #999999;">Report by Lennart Dodoo, ldodoo@frontpageafricaonline.com and Henry Karmo, henry.karmo@frontpageafricaonline.com</span> </em></span></p>
<hr />
<p>“Enough is enough. We can’t let this continue, we must take action to let them know that we are fed up with this.</p>
<p>All stores will remain closed, we make sure they listen to us today,” Massa Tulay, a shop keeper downtown Monrovia told FrontPageAfrica in a rather angry tone.</p>
<p>The usually busy Waterside Market is empty – no one allowed to sell.</p>
<p>Yanah boys are off Randall Street – they, too, say they are frustrated. No one seller is being allowed to enter Rally Time Market.</p>
<p>Petty traders and local business entrepreneurs are grouping themselves at various locations to for an onward march to the Capitol, where they are expected to petition lawmakers.</p>
<p>Hannah Jarpah, a local trader in Red-Light, Paynesville told FrontPageAfrica, “I support the protest.</p>
<p>If people can’t buy food for three days it will call their attention.</p>
<p>Even if some of them have food in their homes, they will still need things from the market and it will draw their attention.</p>
<p>The government needs to come to our rescue. We are citizens, we are giving taxes to government.</p>
<p>If the store owners pay high taxes, they will increase to commodities’ prices for us the petty trader and consumers will feel the pain.”</p>
<p>In Paynesville, stores owned by Liberians were seen closed while businesses own by foreign nationals were opened.</p>
<p>A resident of Paynesville Joshua Flomo supports the action of Liberian merchants adding that the increase in taxes is “unacceptable.”</p>
<p>“Those people have their right to demonstrate, nowhere in the world government will increase taxes in the midst of economic harsh condition and everybody fold their hands, what they are doing is call citizen action,” Flomo said.</p>
<p>Flomo urged the protesters to remain peaceful adding that message has already gone and there is no need to resort to violence.</p>
<p>Business owners engaging in cross-border trade have in recent time decried the continuous depreciation of the Liberian Dollar against the U.S. dollar.</p>
<p>Currently, US$1.00 is LD$110.</p>
<p>Those selling their goods in Liberian dollar have to exchange it for U.S. dollars, often at higher rate to be able to purchase their goods from abroad.</p>
<p>At the same time, government taxes are charged in U.S. dollars which is now scarce.</p>
<p>In two separate meetings with the protestors, the Inspector General of the Liberia National Police attempted persuading them to back down on the protest, citing security implications.</p>
<p>He plea, however, did not yield any positive result. The protestors maintain it would be peaceful and only intended to draw the attention of government to their plights.</p>
<p><span style="color: #999999; font-size: 12pt;"><em>Reporter Al Varney Rogers Contributed to this report</em></span></p>
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		<title>Mass Protest Looms Over Tattered Liberian Economy</title>
		<link>https://frontpageafricaonline.com/mass-protest-looms-over-tattered-liberian-economy/</link>
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		<dc:creator><![CDATA[FPA Staff Reporter]]></dc:creator>
		<pubDate>Tue, 31 Jan 2017 01:41:18 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bad Economy]]></category>
		<guid isPermaLink="false">http://new.fpa.news/business/mass-protest-looms-over-tattered-liberian-economy/</guid>

					<description><![CDATA[Monrovia &#8211; Despite efforts by the Liberia National Police and other security apparatus to dissuade a group of Liberian entrepreneurs from abandoning a planned protest, the aggrieved business&#8230;]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class=" size-full wp-image-10105" src="http://new.frontpageafricaonline.com/wp-content/uploads/2017/01/bad-economy.jpg" alt="" width="750" height="418" /></p>
<p><strong>Monrovia</strong> &#8211; Despite efforts by the Liberia National Police and other security apparatus to dissuade a group of Liberian entrepreneurs from abandoning a planned protest, the aggrieved business owners say they will carry on the protest as planned.</p>
<p>  <span id="more-3232"></span> </p>
<hr />
<p><em><span style="font-size: 12pt; color: #999999;">Report by Bettie K. Johnson Mbayo, <a style="color: #999999;" href="mailto:bettie.mbayo@frontpageafricaonline.com">bettie.mbayo@frontpageafricaonline.com</a></span></em></p>
<hr />
<blockquote>
<p><strong> “We are peacefully assembling to petition the National Legislature to address this economic hardship in the country, this is unfair that the current status of the country is not how we want it to be, the National Legislature and all regulating bodies must address this” Prince P.S Haward, Executive Director of the Patriotic Entrepreneurs of Liberia</strong></p>
</blockquote>
<p>State security officials are citing security risk as a basis to ditch the idea of holding the protests in Monrovia.</p>
<p>The planned protest comes on the eve of the start of voter registration for the 2017 presidential and legislative elections.</p>
<p>The protest at the Capitol, the seat of the Liberia’s legislature, according to the group is to address issues pertaining to the economic hardship in the country.</p>
<p>The prevailing economic condition in Liberia is creating concerns amongst Liberians with low income earners – the vast majority of the population – continue to complain. The country’s currency has badly depreciated as the exchange rate skyrockets, trading at LD$110 to US$1.00 – the worse depreciation in the West African nation’s history.</p>
<p>Liberian petroleum retailers are also decrying the unfavorable market condition, with hundreds of them going out of business. Some of them have accused the government of trying to put them out of business.</p>
<p>And for the Patriotic Entrepreneurs of Liberia (PATEL), they are an advocacy group for pushing for the rights of Liberian small businesses.</p>
<p>PATEL Executive Director Prince Howard said the protest at the grounds of the Capitol is to allow the Legislature addresse several issues ranging from the imposition of high tariffs on goods imported in Liberia, the constant inflations of the United States dollars rate, and the police constant harassment of petty traders.</p>
<p>The mass rally is expected to shut down all Liberian businesses beginning Tuesday as the protesters await redress from the Legislature.</p>
<p>The rally was previously scheduled to go on for three days but, the head of the group leading the protest disclosed that if the Legislature address the economic issue today (Tuesday), the three days will be cut off and businesses will be open.</p>
<p><strong>Shifting blames</strong></p>
<p>On Sunday, January 29 members of PATEL and the Police met to negotiate the planned protest.</p>
<p>PATEL Acting Chairman, Presley Tenwah said its members have come to the point where they are tire of blames shifting.</p>
<p>“We have come to a point where we are tire of blame shifting, we spoke with Finance and regulating bodies but they all are shifting blames,” he said.</p>
<p><strong>Repeal the laws</strong></p>
<p>Mr. Tenwah said the petition to the lawmaker is to request that they repeal the laws to benefit citizens in the country.</p>
<p>“We are telling them to repeal the law because it is not favorable for Liberian businesses, most of our products are bought in US dollars and we regularly have Liberian dollars, look at the rate it is so high when you are buying US rate and it’s frustrating,” Tenwah said.</p>
<p>He said repealing the laws will bring sanity to Liberian business in the country.</p>
<p>“Also crediting money from the bank with such tariff is like getting us out of the business and the National legislature is the body that will help us.”</p>
<p><strong>Not demonstration</strong></p>
<p>Police Inspector General, Gregory Coleman and Deputy Director for Operation, Abraham Kromah, are raising serious security alerts ahead of the protest is ongoing.</p>
<p>“We are concern on the security implication, looking at the repulsion because that is our role so it is cardinal and germane,” Abraham Kromah.</p>
<p>But Tenwah clarified that the rally is not meant to demonstrate but to claim the attention of the Liberian Legislature.</p>
<p>“Our people are not treating us well, but the economic hardship must be address since Liberia is not exporting products and the triggered down effect is on Liberian traders,” he said.</p>
<p>He continued: “We are Liberian businesses and if the Legislature will have one currency for us to pay the taxes mainly Liberian dollars will be commendable to us.”</p>
<p>For his part, Police Inspector General Gregory Coleman previously requested PATEL to go back to the law and follow it.</p>
<p>He cited part III of the act amending the Executive law with respect to the National Police Force.</p>
<p>The law is on public order, duties, rights and conditions of service in which 22.86 (A) and states:</p>
<p>“Any person who desires to hold any special event in the form of demonstration, march, or similar event in any public shall notify the County Attorney in the County where the event is to take place of his or her order intention not less than seven days before the date of special event.”</p>
<p>Col. Coleman also cited 22.86 (B, D, and E) of the Act, saying: “You meant peaceful protest, but these are critical times, there are detractors, and people can misuse your good intention and caused violence.”</p>
<p>The Police I.G disclosed that his trip to Togo was suspended due to the threat the plan protest will have on the state.</p>
<p>“Just the idea of store closure has greater effect on the state, and we know that Article 17 of the constitution give you the right, but also we want you follow the Police act,” he said.</p>
<p>A subsequent meeting was held Monday at the Police Headquarters in Monrovia. Justice Minister Fredrick Cherue, Liberia Revenue Authority Commissioner Elfreida Tamba, Commerce Minister Axel Addy were present at the meeting.</p>
<p>However, details of the meeting have not yet been disclosed, but FrontPageAfrica gathered that top priority of the agenda was to call on the group to refrain from the protest while they negotiate their demands.</p>
<p><strong>Held Accountable</strong></p>
<p>Col. Coleman disclosed that they met with the group but all efforts to cancel the panned protest prove unsuccessful.</p>
<p>“We have told them that if they put out their 1,500 people today and violence result from there, the leaders will be held accountable,” the LNP boss said.</p>
<p>It can be recalled that Deputy Speaker of the House of Representatives, Hans Barchue described as “unfortunate” the increment in taxes by the legislature on basic commodities including water and he hopes it could be reversed.</p>
<p> “This is unfortunate but it is the reality of the time and we hope it could be reversed,” Deputy Speaker Barchue told journalist. “It has to do with policies, economy and fiscal &#8211; the monetary policy has to be look at too because the manner and form prices are going up and we could go back to the drawing board I guess.”</p>
<p>But Barchue admitted that solving the current economic challenge is massive but the policies must impact the ordinary Liberians.</p>
<p>“I am not over the fiscal institution of government; however, we must always take into account the impact that will be held on the people when we make policies. For example, the increase in taxes on water I don’t think it was a wise move,” he said.</p>
<p>The legislature in December 2016 during its extra sitting voted for taxes to be increased from 7% to 10% on tobacco, 35% on imported water and 2% for locally produced water and that taxes on residential buildings are increased from 0.083% to 0.25%.</p>
<p>The lawmakers also voted that taxes be increased on land within city or town limits, which are currently at 2% get an increment to 3.5% and that goods and services taxes increased from 10% and 5%.</p>
<p>A 15% increment was proposed to be levied on hotel services, gambling services and restaurant services.</p>
<p>The protest is expected to be the first post-war protest against economic hardship. The last time there was similar protest was April 14, 1979 when a group of students, university instructors and some ordinary citizens led by Progressives, notably amongst them Gabriel Barcus Matthews.</p>
<p>The protest, however, turned out into riot – The Rice Riot – the saw the death of hundreds of students and citizens.</p>
<p>They were protesting against increase in the price of a 100lb bag of rice from US$22 to US$26.</p>
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		<title>Liberia &#8211; Mass Protest Looms Over Tattered Economy</title>
		<link>https://frontpageafricaonline.com/liberia-mass-protest-looms-over-tattered-economy/</link>
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		<dc:creator><![CDATA[Rodney Sieh]]></dc:creator>
		<pubDate>Mon, 30 Jan 2017 19:47:56 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Bad Economy]]></category>
		<guid isPermaLink="false">http://new.fpa.news/news/2016news/liberia-mass-protest-looms-over-tattered-economy/</guid>

					<description><![CDATA[Monrovia –Traders and business owners in Liberia are gearing up for what expected to be a mass protest against the imposition of high tariffs on goods imported in&#8230;]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class=" size-full wp-image-10104" src="http://new.frontpageafricaonline.com/wp-content/uploads/2017/01/mon-broad-st.jpg" alt="" width="750" height="418" /></p>
<p><strong>Monrovia</strong> –Traders and business owners in Liberia are gearing up for what expected to be a mass protest against the imposition of high tariffs on goods imported in Liberia.</p>
<p>  <span id="more-3231"></span> </p>
<hr />
<p><span style="font-size: 12pt;"><em><span style="color: #999999;">Report by Lennart Dodoo | ldodoo@frontpageafricaonline.com</span></em></span></p>
<hr />
<p>Attempts by local security apparatus to have the group of entrepreneurs back down on their decision proved futile. They have therefore called on all businesses in Liberia to remain close beginning Tuesday until further notice.</p>
<p>The planned protest comes on the eve of the start of voter registration for the 2017 presidential and legislative elections.</p>
<p>The Inspector General of the Liberia National Police, Col. Gregory Coleman, on Sunday held a meeting with the group of local business men and women, calling on them to consider the security implications of the protest.</p>
<p>A subsequent meeting was held Monday at the Police Headquarters in Monrovia.</p>
<p>Justice Minister Fredrick Cherue, Liberia Revenue Authority Commissioner Elfreda Tamba, Commerce Minister Axel Addy were all present at the meeting.</p>
<p>Though details of the meeting have not yet been disclosed, FrontPageAfrica gathered that top priority of the agenda was to call on the group to refrain from the protest while they negotiate their demands.</p>
<p>They are expected to gather at the Capitol Tuesday all dressed in red T-shirts with jeans.</p>
<p>The protest is expected to be the first post-war protest against economic hardship.</p>
<p>The last time there was such protest was April 14, 1979 when a group of students, university instructors and some ordinary citizens led by Progressives, notably amongst them was Gabriel Barcus Matthews.</p>
<p>The protest, however, turned out into riot – The Rice Riot – the saw the death of hundreds of students and citizens.</p>
<p>They were protesting against increase in the price of a 100lb bag of rice from US$22 to US$26.</p>
]]></content:encoded>
					
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