Monrovia – Central Bank Governor Milton A. Weeks is encouraging stakeholders to make use of the current payment systems rather than withdrawing huge amounts of cash from the banking system. Governor Weeks said the bank, and by extension Liberia, spends huge amounts of funds to print and import currency; distribute and collect currency. The CBL Governor said such withdrawals could be avoided if individuals would only utilize the payment systems which are in place. It provided them an overview of modernized payment systems, including its status and opportunities.

Source: Front Page Africa January 18, 2018 21:22 UTC