MONROVIA, LIBERIA-The Monetary Policy Committee at the Central Bank of Liberia (CBL) has resolved to maintain the Monetary Policy Rate at 16.25 percent.

A Monetary Policy Rate is the primary interest rate to control inflation, manage economic growth, and influence the cost of borrowing.

The Monetary Policy Rate acts as a benchmark, with changes directly affecting rates for loans and savings, and adjusting the amount of money in circulation.

Announcing the Monetary Policy Committee’s decision on Monday, February 2, 2026, in Monrovia, CBL Executive Governor, Henry Saamoi, also disclosed a resolution to maintain the interest rate corridor at plus 2.5 and minus 7.5 percentage points.

Governor Saamoi said,” The Committee is deciding to maintain reserve requirement ratios at 25 percent for Liberian dollar deposits and 10 percent for U.S. dollar deposits”.

The CBL Executive Governor acknowledged that improved macroeconomic conditions are supported by the tight monetary stance, fiscal consolidation, and the buildup of reserves.

Meanwhile, the Committee says inflation declined faster than anticipated, while growth strengthened in the last quarter.

With stability gradually being restored, the Committee said its focus is now on policy actions that will gradually shift toward consolidating the gains made and support stronger real sector recovery.

Addressing the news conference on behalf of the Committee, Executive Governor Saamoi promised to adopt evidence-based policy actions to achieve the Bank’s core mandate of price and financial system stability.

He expressed satisfaction over the positive performance of the Liberian economy in the Fourth Quarter of 2025.

According to him, economic activity was on track to achieve the estimated real GDP growth of 5.1 percent, revised upward from the earlier projection of 4.5 percent.

The Central Bank of Liberia Executive Governor said,” The outcome was supported by stable macroeconomic conditions, sustained fiscal spending, strong private sector output, particularly in the Mining Sector, and resilient consumption demand.