- Search Results
CBL Maintains 3 Internal Committees
Date Uploaded: Apr 09, 2017

Montserrado County Flag


CBL Maintains 3 Internal Committees

By Stephen N. Sonpon

MONROVIA, April 9 (LINA) -The Central Bank of Liberia (CBL) has maintained three key internal committees to ensure monitoring, governance and good organization in 2016, a CBL report has said.

The CBL 2016 annual report released recently named the committees as the Money Management and Policy Review Committee (MMPRC), the Financial Stability Committee (FSC) and the Payments System Project Steering Committee (PSPSC).

The report indicated that MMPRC considered various policy matters aimed at ensuring the realization of the bank’s primary goal of price stability and fostering balanced economic growth, contributing towards the broader national objective of sustained economic development.

The FSC deliberated on several strategic issues with a view to safeguarding the stability of the financial system from the perspective of banks and non-bank financial institutions and to ensure efficiency in service delivery and greater degree of financial inclusion for both households and businesses.

The report, however, indicated that the development of the infrastructure upgrade for the National Payments System and other related payments system issues were the main focus of the PSPSC during the year.


latest headlines
Judge Kaba Reserves Ruling In E.J. Roye Building Case
Judge Yussuf D. Kaba of the Civil Law Court has reserved ruling in a motion for Declaratory Judgment filed by some individuals calling themselves ...more
CENTAL Raises Eyebrow About Political Parties Spending
The Center for Transparency and Accountability in Liberia (CENTAL) has expressed concern over the expenditure of political parties on fleets of n ...more
LTA, Partners End Int’l Internet Workshop
The Liberia Telecommunications Authority (LTA) and partners have ended a two-day international workshop on ICANN (the Internet Cooperation for As ...more
Liberia To Host GIABA Plenary, Ministerial Meetings
Liberia will host the Intergovernmental Action Group against Money Laundering in West Africa (GIABA) 27th Technical Commission/Plenary and 17th M ...more
GOL, Sweden Sign US$21.6m Accord On Feeder Roads In 7 Counties
The Governments of Liberia and Sweden have signed a US$21.6 million agreement to support the third phase of the Liberia-Swedish Feeder Roads Proj ...more
Defense Ministry Relaxes Camp Ramrod Eviction
The Ministry of Defense has with immediate effect put on hold its notice of eviction to inhabitants of the 72nd Camp Ramrod Barracks in Paynesvil ...more
All rights reserved © 2013 - 2014
Liberia News Agency