News and Press Releases

The CBL has announced a reduction in its Monetary Policy Rate (MPR) by twenty-five basis points to 16 percent following its meeting on 15th July 2026.

The recognition comes as Governor Saamoi continues to champion stronger African collaboration in shaping global financial policies and accelerating reforms needed to attract greater volumes of international capital to the continent.

Liberia has been accorded the honor of chairing both the AFRITAC West 2 Steering Committee and the African Training Institute (ATI) Steering Committee for the period July 2026 to June 2027.

The Central Bank of Liberia (CBL) is pleased to announce the launch of its new CBL Data Warehouse, a modern online platform that provides fast, reliable, and user‑friendly access to Liberia’s key economic and financial indicators.

“More than 60 percent of Liberia’s population is under the age of 35, making our youth not only a demographic reality but a decisive economic force."

The Committee's discussion was guided by its mandate to preserve price stability, safeguard exchange rate stability, maintain financial system resilience, and support domestic economic growth.

"I want to emphasize that this partnership is more than an exchange of knowledge; it is a reaffirmation of the spirit of regional cooperation within the ECOWAS sub region ..."

"We gather here not only as technocrats and policymakers, but as custodians of a vision—one that seeks to bind our nations together in prosperity, resilience, and shared destiny as envisaged by our forebears."

"Your participation in these meetings underscores the spirit of cooperation, solidarity, and shared purpose that underpins the WAMZ project and the broader ECOWAS vision."

On Monday, February 2, the Monetary Policy Committee announced the Monetary Policy Rate (MPR).

In this Edition of The Regulator Magazine, we shine the spotlight on the Inclusive Instant Payment System (IIPS) and how it will impact the economy. Plus: the CBL Clean Note Campaign, the nationwide Financial Education initiative, and other interesting projects implemented by the CBL.

With the launch of the Inclusive Instant Payment System (IIPS) – Mobile Money Interoperability, we take a bold and decisive step towards a modern digital financial economy - one where efficiency, transparency, and inclusion are no longer aspirations, but lived realities for every Liberian.

Liberia has been endorsed as Chair of the West African subregion for the Association of African Central Banks (AACB)

The launch takes place at the Ministerial Complex in Congo Town on December 16. It represents a transformative step in Liberia’s efforts to modernize its national payments infrastructure and expand access to secure, convenient, and inclusive digital financial services.

The rate cut is intended to provide support for continued economic growth and to also help keep prices stable, especially as inflation (the general rise in prices) continues to ease and the Liberian dollar shows signs of strength.

Read the Latest Edition of The Regulator Magazine and get better insights of the CBL Programs and Projects

Recent concerns about “Liberian dollar shortages” do not reflect the true liquidity situation. As of September 3, 2025, commercial banks held L$1.65 billion in vault cash balances, adequate to serve customer withdrawals and payments, while the CBL itself maintains strong reserves to support the system when necessary

Thirteen newly trained community mobilizers from Margibi County are taking the lead in rolling out the Central Bank of Liberia’s Financial Education (FinEd) program in their own communities.

Governor Saamoi says the Central Bank is leading study tours in Ghana with the Bank of Ghana and a gold refinery in Dubai to benchmark best practices in gold reserve management, emphasizing that the move is central to ensuring resilience and confidence in Liberia’s financial system.

Decision to set Standard Cash-Out Fee for Mobile Money Transactions to be enforced beginning August 2025

The third edition of the county-level Financial Education/Literacy Program and the Pan African Payments and Settlement System (PAPSS) has been launched

The Central Bank of Liberia (CBL) has announced that it will maintain the Monetary Policy Rate (MPR) at 17.25%, a key decision aimed at keeping inflation (the rate at which prices rise) under control and protecting the value of the Liberian dollar.

"The IMF staff held engaging and constructive discussions with the authorities on recent macroeconomic developments, the economic outlook, and medium-term policy priorities under the Article IV Consultation..."

This reform was first initiated following an invitation by the Supreme Court of Liberia on October 14, 2022.

This new Strategic Plan is being launched at a critical moment, as Liberia has recently signed a new 4-year Extended Credit Facility (ECF) program with the International Monetary Fund (IMF). This follows the challenging completion of a previous IMF Program, due mainly to significant fiscal challenges in the latter part of 2023.

CBL joins RAMP through a World Bank Group multi-donor trust fund to advance public asset management in lower-income, fragile, or conflict-affected states

Monetary Policy Committee (MPC) held its second meeting of 2025 on April 9, to assess macroeconomic developments in both the domestic and global economies for the first quarter of 2025. The meeting