MONROVIA, LIBERIA-The House of Representatives has authorized the Central Bank of Liberia (CBL) to print new family of Liberian Dollar banknotes in the tune of forty-eight billion.

The House unanimously voted on Tuesday, May 4, 2021, following a report from the Joint Conference Committee, comprising the Liberian Senate and the House of Representatives.

The formulation of the Joint Committee followed amendments by the Liberian Senate to withhold the printing of the one-thousand Liberian Dollar banknotes, and reducing the printing period to 2021-2022.

Prior to the Senate’s decision, the House of Representatives voted for the printing of the money, including the one-thousand dollar note between 2021 and 2023.

But the Joint Conference Committee recommended the printing of twenty, fifty, hundred, five-hundred and one-thousand, including the minting of five and ten dollars in coins between 2021, 2022, 2024 in the wake of the 2023 elections