In less than twenty four hours, President Joseph Nyuma Boakai has received heavy criticism over what they termed as broad day light nepotism at the highest level of government.
The latest criticisms from some concern citizens came following the appointment of Henry F. Saamoi as acting Executive Government of the Central Bank of Liberia by President Joseph Nyuma Boakai.
Saamoi’s appointment came Less than a day after the suspension of the Executive Governor of the CBL, Aloysius Tarlue.
Mr. Saamoa, was the Former Bank Governor of International Bank Liberia Limited.
In a vox pop interview, the concern citizens also argued and believe that President Boakai should have promoted from within the CBL’s system instead of bringing an outsider.
It is also established that other top officials are allegedly linked to the corruption saga at the bank but the concern citizen say, the Liberian leader latest decision is a clear attempt to undermine good governance practices.
In a related development, President Joseph Nyuma Boakai, Sr., has reactivated the Economic Management Team.
The Team is expected to ensure coordination of the Government’s fiscal and monetary policy, the acceleration of economic reforms in building a robust and resilient economy and strengthening existing regulations as well as improve oversight functions of Ministries, Agencies and Commissions.
The Team will also serve as a think tank on economic matters, proffer solutions that would tackle economic uncertainties, especially immediate policy interventions and improve the implementation of the Public Financial Management (PFM) law in ensuring transparency and accountability for the attainment of the ARREST Agenda for Inclusive Growth.
The Economic Management Team (EMT) will be chaired by the President while key Members include: The Minister of Finance and Development Planning, Co-Chair, Executive Governor of the Central Bank of Liberia, Member, Commissioner General of the Liberia Revenue Authority, Member, Minister of Commerce and Industry, Member and the Chairman of National Investment Commission, Member.
Others are ; The Economic Advisers to the President as Members and many more.
President Boakai at the same time calls on those appointed to continue to demonstrate diligence, commitment, integrity, professionalism, and loyalty in service to country.