Liberia: Enhanced Initiative for Heavily Indebted Poor Countries Initiative: Request for Additional Interim Assistance; and Press Release

April 8, 2010

Preview Citation

Format: Chicago

Liberia: Enhanced Initiative for Heavily Indebted Poor Countries Initiative: Request for Additional Interim Assistance; and Press Release, (USA: International Monetary Fund, 2010) accessed December 30, 2024

Summary

This paper reviews the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) Initiative for Liberia. Performance under the Extended Credit Facility (ECF)-supported program is solid. The third ECF review was completed on a lapse of time basis on December 18, 2009. All but one of the quantitative performance criteria (PC) for the end-June 2009 test date were observed. The PC on total revenue collection was not observed but the deviation was temporary and did not jeopardize program objectives. Structural reform commitments were largely met, though some with delays.

Subject: Asset and liability management, Debt relief, Debt rescheduling, Financial services, Poverty, Poverty reduction strategy, Public financial management (PFM), SDR interest rate

Keywords: Assistance, CR, Debt, Debt obligation, Debt relief, Debt rescheduling, Draft decision, ECF review, Enhanced Heavily Indebted Poor Countries, HIPC completion point, ISCR, Poverty reduction strategy, SDR interest rate

Publication Details

Pages:

5
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/091
Stock No:

1LBREA2010001
ISBN:

9781455202430
ISSN:

1934-7685

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