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The West African nation is grappling with serious economic problems under the presidency of Mr. Weah, former footballer and novice in politics.
Inflation seems to skyrocket every second, with the free fall of the Liberian dollar against the major currencies of international trade, a big concern for Liberians.
But facing a "hopeless" country in the Liberian capital, Monrovia, on May 29, 2019, Mr. Weah has partly blamed the fall of emergency aid for the economic crisis in Liberia since the end of the Liberian civil war in the early 2000s.
The civil war began in 1999 and ended in 2003.
He admitted: "So, dear Liberian fellow citizens, I want you to know that I am aware of the difficulties and difficulties encountered by the rise in the exchange rate and its effects on the prices of all goods and merchandise on the continent. market. "
He added, "I am deeply concerned about these problems and I work day and night to solve them."
According to him, "Liberia no longer receives the emergency badistance that came in the years following the war, and the significant subsidies granted by our multilateral partners also dried up."
He said that "the amount of remittances we receive from abroad in US dollars has also declined."
Mr. Weah added that "all these realities complicate our macroeconomic situation".
The Liberian leader said that "the sudden drop in US dollar inflows is putting pressure on the economy and devaluing the Liberian dollar, driving up prices."
Obsolete policies
According to him, "the macroeconomic policies we have today are policies adapted to the times when we had free US dollars."
He added that "we are changing these policies to reflect the economic realities of our time".
Beyond the help
Lebanese President Nana Akufo-Addo calls for support from Ghana Beyond Aid and urges her African counterparts to end dependency on foreign aid for national development.
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