Liberia: 2012 Article IV Consultation

December 21, 2012

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Liberia: 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

The 2012 Article IV Consultation with Liberia discusses the economic developments and policies of the country. Liberia recorded strong macroeconomic performance under the three-year Extended Credit Facility (ECF) Arrangement, but poverty continued to be pervasive. The short- to medium-term outlook has remained favorable, although subject to considerable risks. Following resumption of iron ore exports in 2011, real GDP growth is estimated at 9 percent in 2012, supported by strong growth in the mining sector and expansionary fiscal policy for infrastructure investment. IMF staff supports the authorities’ request for a successor arrangement under the ECF.

Subject: Capital spending, Expenditure, National accounts, Public debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Bank, CR, ECF arrangement, Fuel import price, Global, ISCR, Liberian bank, North Africa, Public investment and public-private partnerships (PPP), Public investment spending, Resource revenue, Revenue, Revenue inflow, Sub-Saharan Africa, U.S. dollar, West Africa

Publication Details

Pages:

176
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/340
Stock No:

1LBREA2012005
ISBN:

9781475542769
ISSN:

1934-7685

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