Capitol Hill, Monrovia – The House of Representatives has approved the inclusion of L$1000 bill in the proposed new family of banknotes, backpedaling its previous decision in nullifying the Central Bank of Liberia’s request. These amendments were contained in a Joint Resolution adopted by the House of Representatives authorizing the printing of L$48,734,000,000. The joint resolution was crafted by a conference committee of the National Legislature, which comprised members of both Houses of Representatives and Senate. The Committed was set up to harmonize the joint resolution authorizing the Central Bank of Liberia (CBL) to print the new family of banknotes. What’s In the Joint Resolution?


Source:   Front Page Africa
May 06, 2021 07:41 UTC