MONROVIA, LIBERIA-The Central Bank of Liberia (CBL) says the printing of additional banknotes is critical to replace worn-out and mutilated Liberian dollars currently in circulation.

The Bank says the move is intended to support smooth financial transactions, improve access to cash, and enhance the overall economic activities across the country.

The Deputy Director for Research at the CBL, Mah Kruah, says the exercise will be carefully managed to ensure that any increase in currency supply aligns with the country’s economic growth.

Speaking at a media roundtable in Monrovia on Wednesday, April 8, 2026, Kruah noted that the planned printing will also strengthen Liberia’s reserve buffer and support effective monetary policy operations.

He disclosed that the printing exercise is expected to run from 2026 to 2030, with a strong emphasis on transparency and accountability.

Meanwhile, the CBL has clarified concerns about inflation, stating that printing additional banknotes does not automatically lead to rising prices or excess liquidity.

Kruah explained that the initiative is primarily aimed at meeting transaction demands and replacing damaged notes already in circulation.

He added that once the proposal receives legislative approval, the Bank will proceed with the printing process.

He is also calling on Liberians to remain calm, assuring that the country’s reserves remain stable and the financial system sound.

The move for the printing of additional banknotes follows an official communication from President Joseph Boakai, requesting the National Legislature to return from recess to proceed with the approval process.