Liberia: $100M in bad loans choke credit, Boakai demands action

Over $100 million in Liberian bank credit is locked in non-performing loans, constraining lending to farmers, traders, and small businesses. President Boakai has demanded urgent action ahead of a national conference, but no specific remediation plan has been announced. The development signals financial-system stress in Liberia's banking sector, with potential implications for economic growth and credit availability.