CBL Requests Printing of L$27.5 billion | Liberian Observer
— At a cost of about US$21m The Central Bank of Liberia has informed lawmakers that it needs L$27.5 billion to stabilize the cash flow in the country as L$22.5 billion is already out of the banking sector. The money, the CBL said is indeed to respond to the blanket outlook of the downward trend of the economy and will buy up government debts, a move probably designed to keep borrow costs low. Although the CBL Board of Governor has approved the printing of the L$27.5bn, it has not explained if the money will be the same legacy note or a new one.