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Sen Karnga-Lawrence vows retention of all-female lawmakers - Liberia news The New Dawn Liberia, premier resource for latest news
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Liberia Marks International Day of Zero Tolerance for FGM with Urgent Call for Legal Ban
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Speaker Chambers a mess - Liberia news The New Dawn Liberia, premier resource for latest news
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UK Backs Liberia s return to the Inter- Parliamentary Union - Liberia news The New Dawn Liberia, premier resource for latest news
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At a cost of about US$21m
The Central Bank of Liberia has informed lawmakers that it needs L$27.5 billion to stabilize the cash flow in the country as L$22.5 billion is already out of the banking sector.
The money, the CBL said is indeed to respond to the blanket outlook of the downward trend of the economy and will buy up government debts, a move probably designed to keep borrow costs low.
Although the CBL Board of Governor has approved the printing of the L$27.5bn, it has not explained if the money will be the same legacy note or a new one.