IMF Staff Country Reports

Liberia: Poverty Reduction Strategy: Progress Report

July 7, 2010

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Liberia: Poverty Reduction Strategy: Progress Report, (USA: International Monetary Fund, 2010) accessed November 22, 2024

Summary

Liberia made slow progress on the implementation of the Poverty Reduction Strategy (PRS). The impact of the global economic crisis affected implementation and slowed the pace of growth. With the development of the Public Financial Management (PFM) framework, a PRS deliverable, the credibility of the country’s financial systems is being restored. Increased vigilance in tax collection efforts, expansion of the tax base, and the elimination of discretionary exceptions led to a rise in revenue by 13.5 percent from US$207 million in fiscal year (FY) 2007/08 to US$235 million in FY2008/09.

Subject: Education, Environment, Financial institutions, Gender, Labor, Securities, Women

Keywords: CDA deliverables, Civil society, CR, Economic growth, Financial crisis, Global, Human resources, ISCR, Job creation, Justice system, Mangolian authorities, Private sector, Rule of law, Securities, West Africa, Women

Publication Details

  • Pages:

    49

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/194

  • Stock No:

    1LBREA2010004

  • ISBN:

    9781455202461

  • ISSN:

    1934-7685