MONROVIA, LIBERIA-The Executive Governor of the Central Bank of Liberia (CBL), Henry Saamoi, said,” Liberia has met four of the six ECOWAS convergence criteria in 2025”.

Governor Saamoi said Liberia met all secondary benchmarks, as the country recorded a stronger fiscal performance and improved external reserves.

He disclosed that average inflation stood at 8.5 percent in 2025, strictly above 2024’s 8.3 percent and above the regional 5 percent target.

The CBL Executive Governor spoke on Thursday, February 12, 2026, at the West African Institute for Financial and Economic Management’s (WAIFEM) 53rd Technical Committee Meeting and 50th Board of Governors Meeting in Margibi County.

Governor Saamoi noted that the food inflation declined significantly due to improved domestic supply, while the CBL maintained a tight monetary policy stance by reducing the policy rate to 16.25 percent by October 2025.

He further reported that the government revenue and grants increased by 18.6 percent, public debt declined to 54.2 percent of GDP, exports rose by 30 percent, and the Banking Sector remained sound and stable.

At the same time, the Director General of the WAIFEM, Dr. Baba Musa, has recounted the regional leadership and commitment to economic and financial excellence in West Africa.

Dr. Musa lauded the Liberian Government for what he termed as strong collaboration in hosting the landmark gathering.

Providing an update on the Institute’s performance, Dr. Musa disclosed that WAIFEM delivered fifty-four training and capacity-building programs in 2025, reaching one thousand seven hundred twelve participants, with more than ninety percent of attendees.

He also highlighted major economic reforms across member states, including improved growth and inflation control in several countries, while reaffirming WAIFEM’s commitment to innovation, gender inclusion, and sustained regional economic stability.