Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Preliminary Document

February 1, 2008

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Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Preliminary Document, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Summary

This paper presents a preliminary assessment of the eligibility of Liberia for assistance under the Enhanced HIPC Initiative. It describes recent economic progress and the situation of Liberia. The study discusses its medium- to long-term macroeconomic framework and poverty reduction strategy. It also summarizes the preliminary Debt Relief Analysis (DRA) and presents the size of possible Heavily Indebted Poor Countries (HIPC), Multilateral Debt Relief Initiative (MDRI), and MDRI-type assistance, including arrears clearance. It also suggests a timeline for preparing the decision point document, and outlines reforms that could serve as completion point triggers.

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

Keywords: Africa, Arrears, Bridge loan, CR, Debt prospect, Debt relief, Debt service, Debt service ratios, Enhanced Heavily Indebted Poor Countries, GDP deflator, Government expenditure, Government of Liberia rubber plantation Task Force, HIPC debt relief, IDA status, ISCR, Liberian authorities, Reform process, Revenue code, U.S. dollar

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/053
Stock No:

1LBREA2008001
ISBN:

9781451822953
ISSN:

1934-7685

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