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