As Commercial Banks Go Dry, pressure Mounts On Bank Governor

As Commercial Banks Go Dry, pressure Mounts On Bank Governor To Resign – Cocorioko


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The Bank Governor of Sierra Leone, Professor Kelfala M. Kallon, has come under serious criticism for his lack of fiscal policies and his failure to monitor the financial sector that has led to local currency shortage in the country.
During his latest radio interview on the Good Morning Show on Radio Democracy, the Bank Governor admitted that the shortage of cash in banks was beyond their control and there is nothing they could do at the moment.
His comment sent a wave of shock in the financial sector as already, customers cannot withdraw above Le2,500,000 per transaction.
Throughout the festive period, business people were constrained to carry on their activities which many described as unfortunate and a tendency to undermine the financial sector.

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