{"id":27546,"date":"2026-01-31T08:37:42","date_gmt":"2026-01-31T07:37:42","guid":{"rendered":"http:\/\/dubawa.org\/dir\/?p=27546"},"modified":"2026-01-31T08:37:46","modified_gmt":"2026-01-31T07:37:46","slug":"false-liberias-2024-gross-international-reserve-not-475-million","status":"publish","type":"post","link":"https:\/\/dubawa.org\/dir\/false-liberias-2024-gross-international-reserve-not-475-million\/","title":{"rendered":"False! Liberia\u2019s 2024 Gross International Reserve, not $475 million"},"content":{"rendered":"\n<p class=\"has-cyan-bluish-gray-background-color has-background wp-block-paragraph\"><strong>Claim: <\/strong>President Joseph Boakai claimed that Liberia\u2019s 2024 Gross International Reserve was $475 million.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"132\" height=\"55\" data-attachment-id=\"23928\" data-permalink=\"https:\/\/dubawa.org\/dir\/misleading-olive-b-academy-not-first-all-girls-boarding-school-in-sierra-leone\/false-4-2-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2025\/08\/FALSE-4-2.png?fit=132%2C55&amp;ssl=1\" data-orig-size=\"132,55\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"FALSE-4-2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2025\/08\/FALSE-4-2.png?fit=132%2C55&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2025\/08\/FALSE-4-2.png?resize=132%2C55\" alt=\"\" class=\"wp-image-23928\" title=\"\"><\/figure>\n<\/div>\n\n\n<p class=\"has-white-color has-vivid-red-background-color has-text-color has-background has-link-color wp-elements-12af7e85aa72afad3330b858c37456a7 wp-block-paragraph\"><strong>Verdict: <\/strong>Data from the Central Bank of Liberia shows that Liberia\u2019s 2024 Gross International Reserve was 476.3 million<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Full Text<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Liberia\u2019s President Joseph Boakai, during his third State of the Nation Address, <a href=\"https:\/\/web.facebook.com\/executivemansionliberia\/posts\/pfbid026KnfX5f73HqMmBNZ8tc9Hejh1tnkHe43jq58TSjrQVys5EZFkGLfERzHsDUppRiDl?__cft__[0]=AZYPcweE9kA91-r-ICBMjkaPy0HrqvRar012PaGlaVWZXpEEt3ESw62As1euV6e43lXCdVo7AbUupk3M091vbCsUwGjcC40LDLjyfz8lsGcePpny-cDNm1EQfCtp4xzI4IQEXrJ8eXhSJtne-FFqSb96Bay9AOuw6sqifEX-aXDj32SHuHUjWUtF_0igMitwjKY&amp;__tn__=%2CO%2CP-R\" target=\"_blank\" rel=\"noopener\">claimed<\/a> that Liberia\u2019s Gross International Reserve increased from $475 million in 2024 to $576 million in 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The State of the Nation Address is in fulfilment of Article 58 of the Liberian Constitution, which requires the President to present an annual message on the State of the Republic, the condition of the economy, and the legislative agenda for the year ahead.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Liberian leader made the claim on Monday, January 27, 2026, while <a href=\"https:\/\/web.facebook.com\/executivemansionliberia\/posts\/pfbid026KnfX5f73HqMmBNZ8tc9Hejh1tnkHe43jq58TSjrQVys5EZFkGLfERzHsDUppRiDl?__cft__[0]=AZYPcweE9kA91-r-ICBMjkaPy0HrqvRar012PaGlaVWZXpEEt3ESw62As1euV6e43lXCdVo7AbUupk3M091vbCsUwGjcC40LDLjyfz8lsGcePpny-cDNm1EQfCtp4xzI4IQEXrJ8eXhSJtne-FFqSb96Bay9AOuw6sqifEX-aXDj32SHuHUjWUtF_0igMitwjKY&amp;__tn__=%2CO%2CP-R\" target=\"_blank\" rel=\"noopener\">addressing<\/a> the current state of the economy and the 2026 economic outlook.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cLiberia\u2019s external sector performed well in 2025. Gross international reserves increased from $475 million in 2024 to $576 million, surpassing the previous year by US$101 million. Also, net international reserves exceeded IMF targets, potentially reaching $280 million by December 2025, and exports grew over 31 per cent to about $2.1 billion,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DUBAWA decided to fact-check President Boakai\u2019s claim in light of several concerns raised by Liberians, including former government officials, regarding its validity.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Verification<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our researcher visited the Central Bank of Liberia&#8217;s official website. The Central Bank of Liberia is the Liberian government&#8217;s monetary authority.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to page 15 of the <a href=\"https:\/\/www.cbl.org.lr\/sites\/default\/files\/documents\/DECEMBER%202024%20MONTHLY%20ECONOMIC%20REVIEW%20.pdf\" target=\"_blank\" rel=\"noopener\">Central Bank of Liberia&#8217;s<\/a> December 2024 monthly economic review, the Gross International Reserve at the end of December 2024 was $476.3 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, President Boakai\u2019s claim that the current Gross International Reserve is $576 million cannot be verified, as the Central Bank of Liberia has yet to publish economic data for December 2025.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Based on available data from the Central Bank of Liberia, the claim made by President Joseph Boakai is false.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Claim: President Joseph Boakai claimed that Liberia\u2019s 2024 Gross International Reserve was $475 million. Verdict: Data from the Central Bank of Liberia shows that Liberia\u2019s 2024 Gross International Reserve was 476.3 million Full Text Liberia\u2019s President Joseph Boakai, during his third State of the Nation Address, claimed that Liberia\u2019s Gross International Reserve increased from $475 million in 2024 to $576 million in 2025. The State of the Nation Address is in fulfilment of Article 58 of the Liberian Constitution, which requires the President to present an annual message on the State of the Republic, the condition of the economy, and the legislative agenda for the year ahead. The Liberian leader made the claim on Monday, January 27, 2026, while addressing the current state of the economy and the 2026 economic outlook. \u201cLiberia\u2019s external sector performed well in 2025. Gross international reserves increased from $475 million in 2024 to $576 million, surpassing the previous year by US$101 million. Also, net international reserves exceeded IMF targets, potentially reaching $280 million by December 2025, and exports grew over 31 per cent to about $2.1 billion,\u201d he said. DUBAWA decided to fact-check President Boakai\u2019s claim in light of several concerns raised by Liberians, including former government officials, regarding its validity.&nbsp;&nbsp; Verification Our researcher visited the Central Bank of Liberia&#8217;s official website. The Central Bank of Liberia is the Liberian government&#8217;s monetary authority. According to page 15 of the Central Bank of Liberia&#8217;s December 2024 monthly economic review, the Gross International Reserve at the end of December 2024 was $476.3 million. However, President Boakai\u2019s claim that the current Gross International Reserve is $576 million cannot be verified, as the Central Bank of Liberia has yet to publish economic data for December 2025. Conclusion Based on available data from the Central Bank of Liberia, the claim made by President Joseph Boakai is false.<\/p>\n","protected":false},"author":1,"featured_media":27547,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"hannibal_claim_source":"","hannibal_source_label":"","hannibal_card_color":"blue","_jetpack_memberships_contains_paid_content":false,"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"default","_google_business_share_type":"default","_bluesky_share_type":"","_mastodon_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[1571,120,3815,1960],"tags":[],"verdict":[],"ppma_author":[4091],"class_list":["post-27546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fact-check","category-economy","category-homepage","category-liberia"],"jetpack_shortlink":"https:\/\/wp.me\/p8R6dE-7ai","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"authors":[{"term_id":4091,"user_id":0,"is_guest":1,"slug":"lee-monjue","display_name":"Lee Monjue","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&r=g","author_category":"","user_url":"","last_name":"","first_name":"","job_title":"","description":""}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2026\/01\/Screenshot-2026-01-31-at-8.35.49-AM.png?fit=452%2C254&ssl=1","_links":{"self":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/27546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/comments?post=27546"}],"version-history":[{"count":1,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/27546\/revisions"}],"predecessor-version":[{"id":27548,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/27546\/revisions\/27548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/media\/27547"}],"wp:attachment":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/media?parent=27546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/categories?post=27546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/tags?post=27546"},{"taxonomy":"verdict","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/verdict?post=27546"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/ppma_author?post=27546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}