Economy

MONROVIA – The Liberia Council of Churches (LCC), through its President, Bishop Kortu K. Brown, has described as mere “paper talks” the economic policies put in place by the Economic Management Team (EMT) of the Coalition for…
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Monrovia – While the Central Bank of Liberia (CBL) says the current liquidity crisis the country is faced with is as a result of inadequate supply of Liberian dollars banknotes, hence the need to print more banknotes, the Minister of…
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Finance Minister Samuel Tweah said due to the politics over the last two years, no serious amount of money has been printed, citing a hold on to printing of new banknotes when Kroll was investigating the alleged L$16 billion. MONROVIA –…
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According to Minister McGill, Liberians will continue to experience difficulties in exchanging their goods or services with mutilated banknotes if lawmakers, who have the constitutional responsibility to authorize the printing of new or…
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 Cebell Kotell: "It is not good for your country to not have money. Therefore the Government should try to put things into place regarding this money business, so bankers can get their money from banks and ATM machines." Monrovia –…
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Monrovia – The Central Bank of Liberia (CBL) has attributed the shortage of Liberian and United States dollar banknotes on the Liberian market to the reluctance of the Legislature to grant its request of printing the amount of L$7.5…
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MONROVIA – The United States Embassy in Monrovia has warned its citizens and permanent residents visiting Liberia of the difficulties in getting cash in the country.
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MONROVIA – The Board of the International Monetary Fund provided additional financial assistance of US$48.8 million to Liberia under the Extended Credit Facility Arrangement, a program launched at the end of last year.
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MONROVIA – The Board of Governors of the Central Bank of Liberia (CBL), during its November 17, 2020 sitting, approved to retain the monetary policy rate of 25.0 percent in the previous quarter.
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According to the Speaker, all members of the legislature including those from the opposition are of the belief that the situation is artificial and people involved are hoarding the Liberian dollars from the market to intentionally cause a…
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