Monrovia, April 23 -- The Chairman of the Senate Committee on Public Accounts and Audit, Senator Amara Konneh, has released an analysis on a proposal from the Central Bank of Liberia (CBL) to print new Liberian dollar bank notes, outlining consequences that would affect the Liberian economy and citizens in particular if multiple steps are not taken to sustain macroeconomic stability and reduce the high cost of living among the citizenry.
By Obediah Johnson, obediah.johnson@frontpageafricaonline.com
It can be recalled that the CBL, through its Executive Governor Henry Saamoi, on Tuesday, April 21 unveiled a plan by the bank to print L$79 billion dollars between 2026 to 2030 and the introduction of a 2000
Liberian dollar bank to re...
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