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Liberia to spend $90M on debt repayment to boost financial stability.
Liberia plans to allocate nearly $90 million in its next fiscal year to pay off debts to commercial banks, a move aimed at restoring trust with the banking sector and improving financial stability.
Finance Minister Augustine Kpehe Ngafuan made the announcement at the 60th anniversary of the Liberian Bank for Development and Investment, highlighting responsible fiscal management, ongoing reforms with the Central Bank, and new financial innovations like mobile money interoperability to boost inclusion and economic growth.
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Liberia gastará 90 millones de dólares en el reembolso de la deuda para impulsar la estabilidad financiera.