Liberia: Request for Disbursement Under the Rapid Credit Facility and Debt Relief Under the Catastrophe Containment and Relief Trust

February 27, 2015

Preview Citation

Format: Chicago

Liberia: Request for Disbursement Under the Rapid Credit Facility and Debt Relief Under the Catastrophe Containment and Relief Trust, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This paper discusses Liberia’s Request for Disbursement Under the Rapid Credit Facility (RCF) and Debt Relief Under the Catastrophe Containment and Relief (CCR) Trust. Economic activity has declined significantly, and fiscal and external financing needs are more pronounced than envisaged at the time of the Extended Credit Facility (ECF) augmentation. The authorities remain committed to the broad objectives of the ECF program. The IMF staff recommends approval of the authorities’ requests for a disbursement under the RCF and debt relief under the CCR Trust given the extensive economic damage caused by the Ebola outbreak and based on the authorities’ updated policy intentions and commitments.

Subject: Budget planning and preparation, Credit, Ebola, Health, Imports, International trade, Loans, Money, Public debt, Public financial management (PFM)

Keywords: Authority, Budget planning and preparation, CR, Credit, Ebola, Ebola crisis, Ebola epidemic, Ebola outbreak, Financing, Financing gap, Global, Imports, ISCR, Spending priority

Publication Details

Pages:

45
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/049
Stock No:

1LBREA2015001
ISBN:

9781498365383
ISSN:

1934-7685

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