About: http://data.cimple.eu/news-article/8c4b083388392b4438980c86e0618fd0624a8d5ebb912f1eb764ada7

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About: http://data.cimple.eu/news-article/8c4b083388392b4438980c86e0618fd0624a8d5ebb912f1eb764ada7 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Liberia has approved a scheme to print new banknotes, according to an AFP journalist, in a bid to address long-running cash shortages in the poor West African nation. The central bank will now be empowered to print notes worth 48.7 billion Liberian dollars ($281m, 235m euros) and to withdraw old ones from circulation. People regularly complain of the difficulty of getting cash in Liberia, in shortages the central bank has said are due to high demand, few ATMs, and the circulation of foreign currency. Liberia has two legal currencies: the Liberian dollar and the US dollar. The country also imports the vast majority of its food, and wholesale imports and taxes are payable in US dollars only. Among other economic woes, the country of 5 million people suffers periodic fuel shortages and suffers from high inflation. President George Weah, 54, in January urged the Liberian legislature to approve his plan to print banknotes to resolve supply shortages. Liberia's lower house signed off on printing new bills on Thursday, before the Senate approved it on Monday. The new scheme will not introduce new denominations, although the five and ten dollar bills are due to become coins. Liberia is still recovering after back-to-back civil wars from 1989 to 2003, and the West African 2014-16 Ebola pandemic, which killed 4,800 people in the country. zd/eml/tgb
schema:headline	Liberia to print new banknotes after longstanding shortages
schema:mentions	George Weah Liberia Agence France-Presse Ebola virus disease Inflation Currency United States dollar President of the Philippines United States Senate Pandemic Liberian dollar Financial crisis of 2007–2008
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	71 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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