Liberia : Eighth Review Under the Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund. African Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/121

IWF country report ; no. 12/121

IMF Staff Country Reports

Language:

English

Subjects (All):

Credit--Liberia.

Credit.

Liberia--Economic conditions--1980-.

Liberia.

Liberia--Economic policy.

Physical Description:

1 online resource (65 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

This paper discusses key findings of the Eighth Review under the Extended Credit Facility for Liberia. Economic activity in Liberia remains on a solid upward trend. Inflation has nudged higher owing to rising international fuel prices and elevated food prices. The authorities’ immediate fiscal priorities are to contain discretionary current spending and bolster investment. All performance criteria and indicative targets under the program through December 2011 were observed. One structural benchmark for the Eighth Review was met while the other is in progress.

Contents:

Cover; Contents; Abbreviations and Acronyms; I. Recent Developments; II. Program and Policy Discussions; A. Macroeconomic Outlook and Poverty Reduction Strategy; B. Fiscal Policies; C. Monetary and Financial Policies; D. Administrative and Other Reforms; E. External Policies; F. Fund Relations; III. Staff Appraisal; Figures; 1. Recent Economic Developments; 2. Medium-Term Fiscal and Balance of Payments Outlook, FY2009-14; 3. Monetary and Financial Developments; 4. MDG Progress Report, 1990-2015; Tables; 1. Selected Economic and Financial Indicators, 2009-14; 2. Balance of Payments, 2009-14

3. Monetary Survey, 2009-144. Medium-Term Outlook, 2010-16; 5a. Fiscal Operations of the Central Government, FY2009-14 (Millions of US Dollars); 5b. Fiscal Operations of the Central Government, FY2009-14 (Percent of GDP); 6. Fund Credit Position and Projected Payments to the Fund, 2011-22; 7. Schedule of Disbursements Under the ECF/EFF Arrangements, 2008-12; 8. External Financing Requirements and Sources, 2010-15; Appendixes; I. Supplementary Letter of Intent; Attachment I: Technical Memorandum of Understanding; II. Net Interest Margins and Bank Profitability

III. Technical Note on Debt Sustainability AnalysisContents; I. Relations with the Fund; II. Joint World Bank-IMF Work Program, 2011-12; III. Relations with the World Bank Group; IV. Statistical Issues

Notes:

Description based upon print version of record.

Includes bibliographical references.

Description based on print version record.

ISBN:

9781475518214

1475518218

9781475547078

1475547072