The Central Bank of Liberia has announced that as part of its currency reform exercise, more than half a billion in mutilated Liberian dollar banknotes will be burnt.
The Bank says the move is in the interest of sustaining the increasing public confidence and transparency in the ongoing currency change-over program, the exercise will be opened to the public.
Several stakeholders, including representatives of the International Monetary Fund, the United States Agency for International Development, the World Bank, the African Development Bank, and the United Nations Development Program have been invited.