President Weah’s communication has had a rough landing at the legislature, as some members have given their opposition to the printing or infusion of an additional L$4 billion on the Liberian market. Rep. Seboe, in a contrary view to the argument, said that the President is only seeking permission to print the current Liberian dollar banknote to help alleviate the current situation. “You do not need permission to infuse money in the economy, the President is requesting us to first give the approval to print the money before infusion,” he said. Earlier, Montserrado County District #4 Representative, Rustonlyn Suacoco Dennis, had described the request as “Erroneous and an embarrassment” to the entire country. Even if the Senate reaches a decision and we at the House of Representatives do not agree, the money will not be printed”.

Source: Daily Observer December 18, 2019 02:42 UTC