As a result, the CBL intends to enter into a contract with Crane AB (“Crane”) for the printing and delivery of 4 billion Liberian Dollars banknotes (in L$500 denomination). Under the terms of the contract, Crane will print and deliver the approved amount of banknotes to the CBL in Monrovia in a reasonable timeframe. MONROVIA – The Central Bank of Liberia (“CBL”) is pleased to announce that it has completed a competitive bidding process for the printing of additional Liberian dollar banknotes aimed at providing the public increased access to Liberian Dollars. As a result, the CBL intends to enter into a contract with Crane AB (“Crane”) for the printing and delivery of 4 billion Liberian Dollars banknotes (in L$500 denomination). The CBL received proposals from potential currency printing firms in advance of the deadline.

Source: Front Page Africa May 05, 2020 13:30 UTC