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Liberia: Don't Fix Bad Loans By Killing Good Credit

[Liberian Observer] Liberia cannot solve its bad-loan problem by creating a no-loan economy. As regulators, bankers, businesses and development partners confront the stubborn problem of non-performing loans, their greatest challenge is not simply recovering yesterday’s money. It is figuring out how Liberia can lend tomorrow’s money more intelligently, more widely and more productively.

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