The Liberia Labor Congress (LLC) in a strongly-worded statement says the current legislation enacted by the Senate to alienate officials of the Central Bank of Liberia (CBL) including the governor, J. Mills Jones, deprives ordinary Liberians of the ability to exercise their political rights guaranteed under the Constitution.
The LLC viewed the current situation at the Senate as “troubling and not healthy for our emerging democracy.”
A statement issued yesterday under the signature of LLC secretary general, J. Nyemah Natt, Sr., also said, its attention has been drawn to the ongoing saga between the National Legislature, the CBL Governor and other bank executives forcing them to resign three years before contesting any elected government post.
“While the National Legislature may have a different understanding of the CBL Loan Program, we believe it is intended to stimulate growth in the economy by giving loans to ordinary Liberians who do not have the capacity to obtain them from financial and banking institutions that have high interest rates and collateral.
Since the launch of the CBL loan scheme, the program has been providing self- employment to many Liberians; especially those in the informal sector of the labor market, thereby raising the living standard of poverty-stricken Liberians.
Meanwhile, the LLC has called on the three branches of government to find a common ground to the current state of affairs in the country, and prioritizing the wellbeing of ‘underpaid workers.’