Audio By Carbonatix
Liberians are stuck in long queues at cash machines as many have run out of bank notes.
Customers trying to get money at bank counters have also complained they can't get Liberian dollars.
The ministry of finance says there is not sufficient money in the vaults of commercial banks because people are keeping money at home - something observers say is motivated by a lack of confidence in the banks.
Liberia has had a problematic recent history with bank notes.
In 2018, millions of dollars of freshly printed bank notes had been reported as going missing in between the port and the central bank. Although an investigation found no evidence of this, it did find that more than 10 billion Liberian dollars had been printed without the necessary authorisation.
The economy is struggling.
The cost of living has increased as inflation has soared and the Liberian dollar has reached its highest ever price against the US dollar, making imports more expensive.
This prompted protesters to hit the streets earlier this year.
Latest Stories
-
UMaT graduates 95 students, commits to training 1,000 coders
31 seconds -
Modified Taxation Scheme: Ghana’s surest way to inclusive tax administration
11 minutes -
Asunafo North Cocoa Farmers Union and partners rescue rural schools from infrastructure crisis
20 minutes -
Africa must become a destination for investment, not aid — Deputy Finance Minister
49 minutes -
Regulation by invoicing: Systemic flaws in NITA’s licensing push and threat to Ghana’s digital trust
53 minutes -
‘I’m sick and tired of this country’ – Ghanaian in South Africa pour out frustrations at meeting with Foreign Affairs Minister
1 hour -
‘Mum’s dementia means I live in the moment with her’
1 hour -
Energy Commission champions Clean Energy Transition
2 hours -
International Day of the Boy Child marked in Accra
2 hours -
BoG losses will not recur at last year’s scale — Governor Asiama assures
2 hours -
Without trust, digital finance is just technology – BoG Governor
3 hours -
Mental disorders increase by 95.5% globally since 1990 – Study
3 hours -
See the areas that will be affected by ECG’s planned maintenance on May 25
3 hours -
Fire destroys six-bedroom house in Koforidua
4 hours -
Government deploys armoured buses disguised as VIP, STC and OA coaches to fight highway robberies
4 hours