‘No Expressed Authorization to Print New Money Yet’ - News Summed Up

‘No Expressed Authorization to Print New Money Yet’


“There has not been any authorization given by the House of Representatives to print new money to replace the legacy and liberty banknotes. The authorization — the expressed authority — can only be done in session,” Rep. Domah said. The Nimba County lawmaker’s explanation was prompted by speculations that the Lower House has already made an authorization to the CBL to print new money. The Nimba County lawmaker further said the Resolution allowed the printing of at most L$30 billion instead of the L$35 billion the President recommended. The Nimba County lawmaker said his constituents are angry and are mourning and impatiently awaiting justice to bury their dead.


Source: Daily Observer December 06, 2019 02:15 UTC



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