MONROVIA, LIBERIA – Finance Minister Samuel Tweah says government will endeavor to restore trust and confidence in the Banking sector.
Minister Twaeh said government is under obligation to improve the living conditions of the Liberian people by addressing challenges undermining their progress.
He made specific reference to the current shortage of Liberian dollars at the various commercial Banks across the Country.
Minister Tweah attributed the shortage of Liberian dollars at the various commercial Banks to lack of trust in the banking sector.
Speaking Wednesday during a radio summer cast, the Finance Minister noted that 80 percent of Liberian Dollars is outside of the Banking sector, thereby undermining the capacity of commercial banks to meet the growing demands of the public.