GBARNGA, BONG COUNTY-President George Weah has dedicated the Central Bank Regional Cash Hub in Gbarnga, Bong County.
Speaking at the program on Friday, December 10, 2021, President Weah lauded the Management of the CBL for their efforts in putting the Country‘s economy back on track.
The Regional Cash Hub will enhance services and make the CBL more inclusive, and modernize financial services, and is the first of four hubs earmarked by the Central Bank.
The facility will also facilitate the provision of services to the Liberian Government and its agencies, including revenue collections and salary payments.
Also speaking, the Executive Director of the Central Bank of Liberia (CBL) has assured that the new money will address the shortage of Liberian Dollar, once and for all.
Governor Aloysius Tarlue said the new family of Liberian currency is already in the Country and secured.
According to him, the money will gradually be put into circulation, to solve the liquidity challenges facing the economy.
Governor Tarlue said:” The CBL will begin taking the mutilated banknotes from the market by January next year.”
He spoke Friday, December 10, 2021, at the official dedication of the CBL’s Regional Cash Hub in Gbarnga, Bong County.
