President Sirleaf Receives initial Series of New Liberian Banknotes; Commends Governor Weeks, CBL Team.

Thursday, 29th September 2016
CBL Executive Governor, Weeks, President Sirleaf display new LD$100.00 banknote as VP Joseph Boakai looks on.
CBL Executive Governor, Weeks, President Sirleaf display new LD$100.00 banknote as VP Joseph Boakai looks on.
Photo Credit: Executive Mansion

Monrovia, Liberia: President Sirleaf has received specimen the initial series of the newly printed banknotes from Central Bank Executive Governor Milton Weeks including denominations ranging from LD$ 01 to $100 Governor Weeks and the CBL team for their professionalism.
According to an Executive Mansion release, the Liberian leader made the commendation on Thursday, September 29, 3016 at her Foreign Ministry Office when the CBL Executive Governor and team presented her the newly Liberian banknotes in the Cabinet room of the Ministry of Foreign Affairs.
Making the presentation at the President’s Foreign Ministry office, Governor Weeks said the newly printed Liberian Dollar banknotes, which were printed by Crane Currency, a major bank note printer, are of high quality and contain features which cannot easily be duplicated. Governor Weeks thanked the President for the support given the Central Bank in the process. He expressed gratitude to President Sirleaf for the support given the Central Bank adding, “It is my pleasure to present to you today the initial series of the new currency that have been produced by “Print Currency”, a US-based company but manufactured in Sweden”.
Governor Weeks said denominations covering LD$001 to 100 (L$5, L$10, L$20, L$50 and L$100) has been completed and is expected to be released to the public next month (October), and will also replace mutilated bank notes already in circulation.  The newly introduced denominations contain portraits of ordinary Liberians on the front, and Liberian wildlife on the back. CBL has ensured that the new series is printed on a higher quality substrate to guarantee longevity and reduce porosity.
In separate remarks, Vice President Joseph N. Boakai and Senate Pro-Tempore, Armah Jallah thanked Governor Weeks and team for job well done and admonished them to create more awareness on how the citizens should handling the new banknotes.
The new series includes, among others, the unifying nature of the existing Liberian Banknotes, and as such, has maintained all previous portraits. The CBL has also reinforced the security features in the new series, which are both visible and invisible.  In addition, the Bank has ensured that the new series is printed on a higher quality substrate to guarantee longevity and reduce porosity. The new series also introduces a new denomination of L$500 (Five Hundred Dollars), in addition to the present denominations.
Thursday’s presentation was also witnessed by the Deputy Governor for Economic Policy, Dr. Mounir Siaplay as well as Senator Commany B. Wesseh of River gee County.