On May 18, 2023, the Government of Liberia (GOL) and the African Development Bank Group (AfDB) signed an agreement for a US$3.872 million grant to finance the upgrade of the payment infrastructure and system of the Central Bank of Liberia.

Speaking at the signing ceremony at the Ministry of Finance and Development Planning in Monrovia, CBL Executive Governor J. Aloysius Tarlue, Jr. thanked the AfDB Country Manager, Mr. Benedict Kanu for the support in ensuring that the project comes to fruition.

Listen to the full detail of Governor Tarlue remarks at the signing.