Liberia: Boakai Puts Banks, Borrowers and Government on Notice As NPLs Hit 19%, Demands Urgent Fix
Monrovia, Sept. 10 -- President Joseph Boakai has called for urgent and coordinated action to resolve Liberia's persistent non-performing loan (NPL) problem, warning that the crisis is restricting access to credit and threatening the country's broader economic growth.
Jaheim T. Tumu-jaheim.tumu@frontpageafricaonline.com
Speaking Wednesday, September 9, at the opening of the National Conference on the Resolution of Non-Performing Loans at the Ministerial Complex in Monrovia, President Boakai said the issue must no longer be treated as merely a technical banking concern, but as a national development challenge.
The three-day conference, convened by the Central Bank of Liberia, is being held under the theme, "Resolving Non-Performing Loan...
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