Liberia has approved a scheme to print new banknotes, according to an AFP journalist, in a bid to address long-running cash shortages in the West African nation.
People regularly complain of the difficulty of getting cash in Liberia, in shortages the central bank has said are due to high demand, few ATMs, and the circulation of foreign currency.The country also imports the vast majority of its food, and wholesale imports and taxes are payable in US dollars only.Among other economic woes, the country of 5 million people suffers periodic fuel shortages and suffers from high inflation.
Liberia’s lower house signed off on printing new bills on Thursday, before the Senate approved it on Monday.
Worst idea for any nation
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cash Shortage Weigh On Private Sector In JanuaryThe Nigerian private sector performance contrasted to 53.7 points in the first month of 2022, as cash shortages weighed on new orders, the Stanbic IBTC
Source: LeadershipNGA - 🏆 4. / 77 Read more »
BREAKING: Civil Defence Corps, NSCDC Boss Withdraws All Personnel Attached To APC Party Lawmaker, Shina Peller, For Sponsoring Bill Seeking To Scrap Security Agency | Sahara ReportersThe directive by Audi was in a letter dated February 02, 2021, addressed to the lawmaker. Wrong timing and misplaced priorities,at least not during this period that there is so much insecurity,I would have preferred merging them with the police force,they need more personnel. Right decision by the NSCDC. Politics at play, game of the fastest and intelligentsia.
Source: SaharaReporters - 🏆 9. / 63 Read more »
N2.9 alleged fraud: Leave Uzodinma out of your case with EFCC - Imo govt warns OkorochaThe Senior Special Adviser to Imo state Governor on Print Media, Modestus Nwamkpa, has accused the Senator representing Imo West at the National Assembly, How market
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Author Of President George Weah’s Biography Barred From Leaving Liberia After Controversy Over Chapter Noting First Lady’s Performance In Bed | Sahara ReportersPresident Weah is said to have stated in the book various reasons why he chose his wife over other women for marriage. I hope he doesn't get killed, assassination of percieved opponents has not left the socio economic and political space of Africa Weah is a good footballer but a bad president Let's discuss how you can generate 100k-500k weekly from the comfort of your home while pressing just your phone or a laptop. Check my BIO
Source: SaharaReporters - 🏆 9. / 63 Read more »
Addressing drug abuse | The Guardian Nigeria News - Nigeria and World NewsA few years ago, I visited a rehabilitation center for drug addicts in Ikorodu, Lagos. It is a place where young women and men are being helped to be liberated from the shackles and pains of drug addiction so they could live and enjoy more dignified and fruitful lives. What I saw on that particular […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Buhari Seeks Urgent Measures To Address Nigeria's High Fertility RatePresident Muhammadu Buhari Thursday in Abuja launched the Revised National Policy on Population for Sustainable Development, stressing the need for urgent He must speak with his brothers in the North, like House Leader Doguwa.
Source: LeadershipNGA - 🏆 4. / 77 Read more »