Economy

CBL retains 20% Monetary Policy Rate

The Board of Governors of the Central Bank of Liberia (CBL), proxying for the Monetary Policy Committee (MPC), met on Wednesday, 25 October 2023 and resolved to maintain the existing monetary policy rate (MPR) of 20% and the reserve requirement ratios of 25% for Liberian dollars (L$) and 10% for United States (US) dollars.

06/Nov/2023

Economy

Liberians express Concern Over “Suspicious Fire” At MFDP …But Official warns Against Public Sentiment Amid Investigation

Fire incident on the third floor of the Ministry of Finance and Development (MFDP) has raised serious concern among Liberians with many suspecting foul play in a bid to destroy key financial documents.

26/Oct/2023

Economy

CBL terminates Legal Tender Status of Old Banknotes as of March 31, 2024

CBL terminates Legal Tender Status of Old Banknotes as of March 31, 2024

04/Oct/2023

Economy

BIL embarks On Commercial Code Training

The Banking Institute of Liberia(BIL), through the partnership of United States Agency for International Development(USAID)under the Liberia Economic Policy Dialogue Activity(LEPDA), has organized two-day intensive training for loan officers and credit managers of commercial banks in Liberia.

29/Sep/2023