IMF Staff Country Reports

Liberia: First Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria

July 23, 2013

Download PDF

Preview Citation

Format: Chicago

Liberia: First Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria, (USA: International Monetary Fund, 2013) accessed November 22, 2024

Summary

This paper describes Liberia’s First Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria. Nonresource real GDP growth, in particular, while still on an upward trend has been revised down for 2013, reflecting the sluggish pace of public investment. Nonresource growth is expected to pick up in the medium term, in line with an expected increase in public investment albeit the investment path is somewhat more moderate than originally planned and provided project execution speeds up.

Subject: Budget planning and preparation, Capital spending, Expenditure, National accounts, Public debt, Public financial management (PFM), Revenue administration

Keywords: Capital spending, CR, Debt management Policy, Disbursement Liberia, Global, Government, IMF's executive board, ISCR, Liberian authorities, Non-resource real GDP growth, Policy option, SDR, VAT policy paper, West Africa

Publication Details

  • Pages:

    94

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/216

  • Stock No:

    1LBREA2013001

  • ISBN:

    9781484321041

  • ISSN:

    1934-7685