Authorities at the Central Bank of Liberia (CBL) have intensified its defense mechanisms to address public concerns surrounding its proposed plan to print additional Liberian dollar banknotes.
CBL made the disclosure to Legislative Press Pool on Tuesday, April 14, 2026, in Monrovia.
The media engagement brought together senior CBL officials and reporters a “transparency-driven initiative.”
The move was to enhance public understanding of key monetary policy decisions amid growing scrutiny.
CBL Deputy Governor for Operations, James B. Wilfred, underscored the importance of proactive communication.
Wilfred said, the decision to print additional banknotes is based on “economic necessity rather than policy misjudgment.
The initiative, he said, is intended to replace worn-out and mutilated (tear-tear) currency in circulation.
The exercise is to address the increasing demand for cash transactions nationwide, and support broader objectives of monetary policy.
“The goal is to ensure that the economy continues to function efficiently, with adequate and quality currency in circulation.”
Wilfred meanwhile, assured that the process will adhere to established financial safeguards.
The media briefing also served as a capacity-building forum that equipped journalists with deeper insights into financial and economic reporting.
Officials said, the effort to promote accuracy, context and responsible coverage of sensitive monetary issues.