Liberian Central Bank Announced Stimulus

By George Kennedy The Central Bank of Liberia (CBL) has announced a major financial sector stimulus reducing interest rates on existing stimuli with banks for Liberian businesses and paying off the outstanding loan obligations of all private schools, from kindergarten through high school. According to the CBL, the commercial banks have already provided the CBL with the list of schools and the amounts involved. In a special statement on the impact of the Ebola virus disease (EVD) on the economy on yesterday, CBL Executive Governor Dr. J. Mills Jones said…

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