Gossip Liberia

Should Liberia Print More Money or Build a Cashless Economy? As Liberia debates the introduction of L$79 billion in new banknotes, the conversation should go beyond printing currency. The real question is whether the country is prepared to embrace a modern, transparent, and technology-driven financial system. A stronger cashless economy could reduce corruption, improve tax collection, combat money laundering, enhance public security, and lower the cost of managing physical cash. Rather than measuring economic progress by the amount of money printed, Liberia should focus on how efficiently and securely money moves through its economy. Read our full editorial as Gossip Liberia examines why the future of Liberia’s economy may depend less on cash in hand and more on digital transactions.

The recent discussion surrounding the printing of approximately L$79 billion in new Liberian banknotes presents an opportunity to examine a broader question: Should Liberia...