Liberia: Government
Key Figures
- Chief of State:
- President Joseph Boakai
- Head of Government:
- President Joseph Boakai
Overview
- Government Name:
- Republic of Liberia
- Constitution:
- Adopted: 1986; Articles include information on the structure of the state, general principles of national policy, fundamental rights, citizenship, and the powers of the different branches of government.
- Government Type:
- Republic
Index of Economic Freedom
Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)
Country Risk Rating
D
A high-risk political and economic situation and an often very difficult business environment can have a very significant impact on corporate payment behavior. Corporate default probability is very high. Source: Coface (2022)
Government Branches
Main Powers | Election Process | Election Cycle 1 | |
---|---|---|---|
Executive | In charge of executory tasks of the government and appoints cabinet with the task of assisting in day-to-day operations. |
Absolute majority vote through a two-round system. |
6 years |
Judicial | Supreme Court is the highest court of the land and has jurisdiction for all constitutional cases. |
Appointed by the president of Liberia with consent of the senate. |
Mandatory retirement age of 70 |
Legislative | Consisting of the senate and house of representatives, this branch confirms president's appointments and is in charge of creating legislature. |
The senate has 30 members elected by plurality vote in multi-member constituencies. The house of representatives has 73 members elected by plurality vote in single-member constituencies. |
Senate: 9 years; House of Representatives: 6 years |
Regional Trade Blocs
International Organization Participation [2]
Environmental Agreements [3]
Tax Information [2]
- Tax Authority:
- Information not available
- Tax Name:
- Information not available
Sources:
- ElectionGuide http://www.electionguide.org/
- EY, http://www.ey.com
- CIA World Factbook, https://www.cia.gov/the-world-factbook/
- U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/