Sierra Leone to print notes to alleviate cash shortage

According to an article in Sierra Express Media dated 9 March 2012, the government of Sierra Leone will soon print new banknotes to address the “serious shortage of currency in the country” which is “a result of the intensive economy activities of mining companies that were not taken into consideration when the resized bank notes were about to be printed,” said Alhaji Ibrahim Ben Kargbo, Information and Communications Minister.

Given that the Bank of Sierra Leone introduced new, smaller banknotes just two years ago which were printed by De La Rue, it’s likely that Kargbo’s comments simply mean that the bank will purchase additional notes of the same design from DLR, perhaps with new dates and signatures, but not new designs entirely.

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