From the debate it was glaring that all Senators are in support of giving the Central Bank of Liberia (CBL) authority to print new bank notes. The Ad hoc committee membership include; Senators Gble-gbo Brown chair, Conmany Wesseh, James Emmanuel Nuquay, Marshall Dennis and Varney Sherman. Said Senator Teahjay: “I am in support of printing money but we don’t want to print money thinking we are making the right decision but creating the problem. In her comments she said, Liberia has gone against “best practices” that guide the process of printing money because, according to her, if the authorization is given Liberia will for the third time be printing money in little over three years. However, there also some very serious concerns if not corrected we will not vote for the Printing of money.
Source: Front Page Africa March 31, 2021 08:26 UTC