NEWS FLASH
Grand Bassa Senator Jonathan Kaipay Grand Bassa Senator Jonathan Kaipay

Lawmaker Sets Precondition For Printing of New Money

The debate whether to print or not to print new Liberian dollar bank notes is said to be increasing on a daily basis.

Grand Bassa Senator, Jonathan Kaipay, has joined the ongoing debate, describing it as a real dedicate and technical one, warning that it should not be a one-day show or a rush in the park situation.

He wants more time and experts’ opinions and independent analysis done before such critical decision can be taken which will subsequently benefit the Liberian people.

On the other hand, government has repeatedly stated through Finance and Development Planning Minister Samuel Tweah that there have done sufficient discussions, brainstorming and technical working sessions and analysis done before reaching the current critical point, something the Lawmaker thinks, is still not enough yet.

Senator Kaipay, speaking to reporters Friday, November 15, 2019, said he does not in any way buy any idea neither argument that the printing of the new bank notes is, among other things, intended to pay the salaries of civil servants.

He argued that should the payment of salaries of civil servants, which will always be a continuous process, be used as a justification for printing new money.

This he noted, is not, as such, he does not support it.

The Grand Bassa County Senator observed that there are more monies circulating among some business people, ordinary Liberians and many others, and therefore, it is about time that a robust strategy should be put in place by the regulatory government body to ensure that the monies are brought back into the local banks.

He pointed out that there may be a confidence crisis within the sector but once proper mechanisms are put in place, the issues can be addressed. However, he maintained that “I remained no on the printing of new money”.

10 Responses Found

  • Comment Link
    Nola Kegg Wednesday, 20 November 2019 22:01

    Hello just wanted to give you a quick heads up and let you know a few of the pictures aren't loading correctly. I'm not sure why but I think its a linking issue. I've tried it in two different web browsers and both show the same results.

  • Comment Link
    Bennett Nicoli Wednesday, 20 November 2019 21:59

    he blog was how do i say it… relevant, finally something that helped me. Thanks

  • Comment Link
    Harry Hlad Wednesday, 20 November 2019 21:46

    Lovely just what I was searching for.Thanks to the author for taking his time on this one.

  • Comment Link
    Victor Wiegard Wednesday, 20 November 2019 21:38

    You have brought up a very wonderful points, thankyou for the post.

  • Comment Link
    Debra Dapper Wednesday, 20 November 2019 21:20

    Hi , I do believe this is an excellent blog. I stumbled upon it on Yahoo , i will come back once again. Money and freedom is the best way to change, may you be rich and help other people.

  • Comment Link
    Lon Mccommon Wednesday, 20 November 2019 21:20

    Only wanna comment on few general things, The website style and design is perfect, the articles is rattling fantastic : D.

  • Comment Link
    Dan Limbach Wednesday, 20 November 2019 21:12

    Someone essentially help to make seriously articles I would state. This is the very first time I frequented your website page and thus far? I amazed with the research you made to create this particular publish amazing. Excellent job!

  • Comment Link
    Wilson Dougall Wednesday, 20 November 2019 21:12

    Hello.This article was extremely motivating, especially because I was investigating for thoughts on this matter last Wednesday.

  • Comment Link
    Dedra Suon Wednesday, 20 November 2019 20:57

    Some genuinely prime blog posts on this website , bookmarked.

  • Comment Link
    Giovanni Shuster Wednesday, 20 November 2019 20:46

    Great post and straight to the point. I don't know if this is truly the best place to ask but do you folks have any ideea where to get some professional writers? Thx :)

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.