HomeAbout LiberiaCentral Bank of Liberia Releases Data of Misused Liberian Dollar Banknotes

Central Bank of Liberia Releases Data of Misused Liberian Dollar Banknotes

MONROVIA, LIBERIA-The Central Bank of Liberia (CBL) has released data that shows that the Liberian Dollar banknotes are being badly handled by the public.

According to the new CBL data, 1%, constituting 469 million Liberian Dollars of the 48.7 billion printed in 2021, has already been mutilated.

The Director of Banking at the Central Bank of Liberia, William Jlopleh, told ELBC “Money Matters” program on Wednesday, August, 27,2025, that the situation is concerning and needs quick intervention.

Jlopleh said,” The increasing wave of mutilation of the Liberian Dollar banknote has left the reserve vault with 11 billion, which could see printing of new banknotes in a few years”.

For his part, the Head of Corporate Communications at the Central Bank of Liberia, Cllr. Alphonsus Zeon disclosed that the Board of Governors has already approved a CBL Clean Note awareness campaign.

According to Cllr. Zeon, the campaign seeks to target all groups, including the Liberia Marketing Association (LMA) in all of Liberia’s fifteen Counties.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot this week

Fmr. Chief of Protocol Bundoo Risks Re-arrest…

MONROVIA, LIBERIA-Former Chief of Protocol under Weah’s administration, Finda...

LIS Commissioner General Cautions Officers Against All Forms of Corruption…

MONROVIA, Liberia - The Commissioner General of the Liberia...

Centre for Journalism Innovation and Dev. Aims to Strengthen Environmental Journalism

GHANA, WEST AFRICA-The Chief Executive Officer of the Centre...

Nat’l Transit Authority to Expand Transport Services…

MONROVIA, LIBERIA-The National Transit Authority (NTA) Managing Director Edmund...

Local Gov. Minister Calls on Lofians to Unite…

MONROVIA, LIBERIA-The Minister of Local Government and a prominent...

Related Articles

Popular Categories