Liberia: 2010 Article IV Consultation and Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia

December 20, 2010

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Liberia: 2010 Article IV Consultation and Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia, (USA: International Monetary Fund, 2010) accessed December 25, 2024

Summary

The post-conflict economic stabilization in Liberia is now complete. Inflation pressure is easing owing to lower fuel and food prices, and there is a rebound in exports. Sound macroeconomic policies, strengthened institutions, and debt relief have stabilized the economy and have supported confidence-building. Fiscal policies have supported the stabilization. The scope for an active monetary policy remains limited owing to high levels of dollarization and the lack of monetary instruments. The government has coped with the adverse income and investment effects of the global financial crisis.

Subject: Balance of payments, Current account balance, Imports, International trade, National accounts, Public debt, Public financial management (PFM), Revenue administration

Keywords: Budget, Commodity export sector, CR, Current account balance, Discussion of Liberia, Expenditure measure, Finance statistics, Fund, Fund staff, GDP, Global, Imports, ISCR, Liberia, Project budget, Reform

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/373
Stock No:

1LBREA2010006
ISBN:

9781455212958
ISSN:

1934-7685

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