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Liberian Govt. Plans to Print New Banknotes

The government of Liberia has announced plans to print new banknotes to replace the ones in circulation. The move is an attempt to save the crippling economy.

The reason for the new move as disclosed by the Ministry of Information is that the government doesn’t know the total amount of banknotes circulating in the Liberian market.

It is alleged that there are people who hoard the notes, keeping them in huge quantities which have a bad effect on the economy.

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