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Senate Concurs with Representatives to Print New Liberian Banknotes

The Liberian Senate has concurred with the House of Representatives on the passage of a bill to print a new family of Liberian Banknotes following months of brainstorming, economic assessment.

This comes after series of dialogues with major economic and legislative stakeholders to allow the Central Bank of Liberia (CBL) to print new Liberian Dollars.

The decision was predicated upon results from the Joint Legislative Conference Committee days of consultations which brought forth a joint resolution.

The printing of the Banknotes to the tune of over $48-billion is expected to commence in this year (2021) and will be printed in three phases to include 2022 and 2024 respectively .

In addition to the current Liberian Dollars denominations to include 5,10,20,50,100 and 500; the resolution also spelled out the printing of LD $1000 (one thousand )denomination.

The Legislature in their resolution excluded 2023 from the printing period because “it will be during the general Presidential and  Legislative elections “to avoid financial or economic tension during the electoral period” the resolution document said.

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Zac Tortiamah Sherman
Zac Tortiamah Shermanhttps://www.facebook.com/Kmtvlib/videos/376291192965854/?t=0
Born April 13, 1994 under the union of Annie and Abraham Mulbah in Don-non-Mah, Electoral District 4, Grand Bassa County. Earned High School Diploma at St. Joseph School, LAC, Grand Bassa County. Earned numerous certificates in Journalism. Served as Reporter/Presenter/Announcer at LACSA Radio, LAC, Grand Bassa Co. for four consecutive years. one-year voluntary service as a Reporter/Presenter at Sky Telecommunications Incorporated, Broad Street Monrovia, Liberia. Currently working as, a Reporter/ Presenter at Kreative Mindz Studio (KMTV) assign at the Liberian Senate. studying Financial Management and Entrepreneurship at the University of Liberia (UL).

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