Liberia CBL Boss U.S. $22.5 Million Loan Scheme Backfires

A former Finance Minister of Liberia, Professor Wilson K. Tarpeh, has said the approach used by the Executive Governor of the Central Bank of Liberia (CBL), Dr. Joseph Mills Jones, in giving out microloans to market women and individuals in the country was wrong. It has been reported that Governor Jones had dished out US$22.5 million as micro loans to several market women and individuals in the …

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