Who Are Those in Charge of Liberia’s Fiscal and Monetary Policies – Tweah, Tarlue or McGill?
Just who are those in charge of Liberia’s monetary and fiscal policy is the question on the lips of most Liberians. The question is being asked because from all indications, Minister of State Nathaniel McGill, rather than the Governor of the Central Bank (CBL) and the Minister of Finance, appears to be in charge.
Normally, it is the Minister of Finance who is in charge of national fiscal policies, while the CBL Governor is exclusively in charge of monetary policy. Against the backdrop of the current liquidity crunch, which is posing severe difficulties to the public, Liberians were all ears waiting, to hear from President Weah directly rather than through his surrogate, Nathaniel McGill.
And truth be told, it seemed rather odd that both the Minister of Finance and the CBL Governor have been noticeably silent on this matter and have instead seemingly derogated their responsibilities and shifted same to others.
According to analysts, Minister McGill’s rants are testimony to the apparent reluctance or perceived inability of the President to lead. For example, they maintain that while the entire nation has been looking forward to hearing from President Weah on widely expected changes the public hopes to see, he has once again surrendered the task to a surrogate.
President Weah ought to realize by now that his Minister of State has lost the trust and confidence of the Liberian people and is widely hated. It can be recalled that in a leaked audio aired several months ago on social media, CDC Chairman Mulbah Morlu said Nathaniel McGill is the most hated public official in the country.
