27/05/2022
Central Bank Governor, Aloysious Tarlue says the deadline provided by the Board of Governors of the Bank for delivering the printing of additional Liberian dollar banknotes is authentic and dependable.
Speaking recently with the Senate's AD-HOC Committee, Mr. Tarlue said the bank has concluded the design and printing of the
new banknotes with the GND Company in Germany.
The AD-HOC Committee quotes Governor Tarlue as saying the 1000, 100, 50 and 20 dollar denominations to be printed are expected to arrive in the country between September-December this year.
According to a Senate's release, the Central Bank of Liberia is also negotiating with Royal Mint to value old coins retained at the Central Bank to determine the charge for printing new coins in the denominations of 5 and 10.
Meanwhile, the AD-HOC Committee is calling on the CBL to send its implementation plan, which includes cutoff point and infusion of new banknotes in the Liberian market.
The Committee headed by Senator Jeremiah Koung was set up by senate's Pro Tempore, Albert Chie, to probe into matters on the
status of the newly printed Liberian dollar Banknotes.
