Monrovia, Jan. 7 -- While the Central Bank of Liberia (CBL) says the current liquidity crisis the country is faced with is as a result of inadequate supply of Liberian dollars banknotes, hence the need to print more banknotes, the Minister of Finance and Development Planning says printing of additional banknotes would not resolve the crisis.
The Finance Minister who appeared on the 50-50 talk-show on Wednesday said the shortage of the Liberian dollars is due to the lack of confidence in the commercial banks has caused Liberians to keep their money in their homes instead.
Minister Tweah said printing new banknotes would not solve the problem until confidence is regained in the bank.
"Printing money is not the solution. So even when we pri...