The Executive Governor of the Central Bank of Liberia, in his keynote address at the launch of the Liberia National Economic Students Hub, emphasized the critical role of youth in driving the nation's economic transformation.
"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 Governor stated, addressing students, faculty, and development partners at the event held in Monrovia.
The initiative aims to bridge the gap between academic learning and practical economic policy, providing students with hands-on exposure to monetary policy, financial markets, and central banking operations.
Building Financial Inclusion
The Governor outlined the CBL's broader strategy for financial inclusion, which includes expanding access to digital financial services, strengthening consumer protection frameworks, and supporting youth entrepreneurship through targeted credit facilities.
He noted that the modernization of the National Payments System has been central to these efforts, enabling more Liberians — particularly young people in underserved communities — to participate in the formal financial sector.
Partnership and the Road Ahead
The Students Hub is a collaborative effort between the Central Bank of Liberia, the Ministry of Education, and academic institutions across the country. It will offer mentorship programs, research opportunities, and internships within the Bank's various departments.
The Governor concluded by reaffirming the Bank's dedication to creating an enabling environment where young Liberians can thrive economically and contribute meaningfully to national development.