Gov. wants print new Bank notes

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MONROVIA,  Nov 15-The Deputy minister of information, Eugen Fahngon told journalists Thursday the president George Weah wants to get approval  from the legislature for the printing of new banknotes.

This followed question  about news of printing of new bank notes. He said  the printing of the  bank notes would enable the country remove  current bank notes printed by former president of Liberia, Charles Taylor and Ellen Johnson Sirleaf..

“It is false that the money has already been printed, but there is a proposal to get it printed,” he said. He added that the is necessary  because the Central Bank of Liberia  does not know the total amount in circulation.

According to the law of Liberia on currency and banking, only the legislature with recommendations from the Central Bank  can approve the printing of bank notes. TNR

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About Post Author

Reporter

Reuben Sei Waylaun Managing Editor A trained Liberian journalist and Administrator with over eight active years in mainstream media. He has worked with both the electronic and print media as radio producer, newscaster, reporter, News Editor, Editor-In-Chief, and Managing Editor respectively. He has a very good understanding of the Liberian media and very good working relations with media houses across the country and good at lobbying with his peers and above at all times. Reuben is a graduate of the University of Liberia with BPA in PUBLIC ADMINISTRATION & MANAGEMENT with emphasis in Development Planning Administration & Public Policy. In Management, he has emphasis in Human Resource management, Small Business Management and Business law respectively
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