in procurement of limited additional LRD banknotesThe Central Bank of Liberia (CBL) announced Thursday, January 23, 2020, that a team of experts from Kroll has arrived in the country to begin a program of technical assistance. The technical assistance program includes putting in place a transparent and accountable system for procuring a limited run of additional Liberian Dollar banknotes. The Kroll team will support the CBL to undertake an open and competitive procurement process for additional banknote printing. Over the longer-term, the Kroll team will assist the CBL to enhance its institutional capability, internal controls and governance structure and overall operations, so that the CBL can more effectively perform its core functions of managing Liberian Dollars and creating the necessary monetary stability for broad-based, inclusive economic growth. Speaking after meeting the Kroll team in Monrovia, the Executive Governor of the CBL, Hon.
Source: Daily Observer January 24, 2020 01:52 UTC