Liberia: Liberia's NPL Crisis Demands Statutory Relief and Shared Accountability

[Liberian Observer] As Liberia's financial leaders assemble for the National Non-Performing Loan (NPL) Resolution Conference, public attention is focused on bank balance sheets and high default ratios. However, treating NPLs purely as a moral failure of debtors ignores systemic creditor-side distortions and the lack of a modern, protective insolvency framework. This op-ed advocates for statutory debt discharge ("fresh start" mechanisms similar to US bankruptcy laws), penalty caps, and shared…