Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document, Debt Sustainability Analysis, and Staff Supplement

March 20, 2008

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Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document, Debt Sustainability Analysis, and Staff Supplement, (USA: International Monetary Fund, 2008) accessed December 22, 2024

Summary

This paper presents an assessment of Liberia’s eligibility and qualification for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The macroeconomic framework underlying the Debt Relief Analysis (DRA) in this paper was updated to reflect discussions on the policy framework underlying a proposed three-year Poverty Reduction and Growth Facility/Extended Fund Facility (PRGF/EFF)-supported program. Finally, this study discusses the floating completion point triggers. Fiscal policy has been anchored on a balanced cash-based budget. The government has also implemented other measures to address long-standing problems in financial management and economic governance.

Subject: Arrears, Asset and liability management, Debt relief, Debt service, External debt, Public debt

Keywords: Africa, Arrears, Beyond-HIPC assistance, Burden indicator, C. debt sustainability, CR, Creating flow, Debt, Debt relief, Debt service, Deficit, Exchange rate, GDP deflator, HIPC Initiative, IMF debt Sustainability analysis, ISCR, NPV, Real GDP, U.S. dollar, West Africa

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/106
Stock No:

1LBREA2008002
ISBN:

9781451822960
ISSN:

1934-7685

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