Liberia: Request for an Extension of the Arrangement Under the Extended Credit Facility

April 2, 2012

Preview Citation

Format: Chicago

Liberia: Request for an Extension of the Arrangement Under the Extended Credit Facility, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

This paper presents Liberia’s request for an extension of the arrangement under the Extended Credit Facility (ECF). In December 2011, the Executive Board completed the seventh review under the ECF arrangement for Liberia. All performance criteria under the program through end-June 2011 have been observed, although completion of two structural benchmarks faced delays owing to limited implementation capacity and technical factors. Preliminary data for end-December 2011 indicate that performance criteria for net foreign exchange reserves, government borrowing, and revenues have been observed with significant margins.

Subject: Banking, Central banks, Debt financing, External debt, International reserves, Macrostructural analysis, Structural reforms

Keywords: CR, Debt financing, ECF arrangement, ECF-supported program, Government, Government of Liberia, IMF's executive board, International reserves, ISCR, Liberian authorities, Structural reforms

Publication Details

Pages:

3
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/076
Stock No:

1LBREA2012002
ISBN:

9781475503227
ISSN:

1934-7685

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