Executive Board
Calendar
Board Discussions
on Liberia:

Previous:
May 6, 2009
December 22, 2008
March 14, 2008
February 1, 2008
September 14, 2007

Projected % Change
   2009  2010
Real GDP 4.9 6.3
Consumer Prices 7.3 5
Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Liberia: Financial Position in the Fund

Participant in the
General Data Dissemination System

Transactions with the Fund


IMF Resident Representative
Office in Liberia

You may contact us about Liberia and the IMF at LBRContact@imf.org


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Liberia and the IMF
Updated November 2, 2009

The last Article IV Executive Board Consultation was on December 22, 2008. Listed below are items related to Liberia, in reverse chronological order (you can also view items by category).

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November 02, 2009 -- Press Release: IMF Staff Statement at the Conclusion of PRGF Review Mission to Liberia
October 04, 2009 -- Statement by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Liberia, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 292Kb
October 02, 2009 -- Transcript of a Press Conference by International Monetary Fund Managing Director Dominique Strauss-Kahn with First Deputy Managing Director John Lipsky and External Relations Director Caroline Atkinson
June 08, 2009 -- Liberia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver and Modification of Performance Criteria, and Financing Assurances Review - Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 09/177
May 07, 2009 -- Press Release: IMF Executive Board Completes Second Review Under PRGF for Liberia and Approves US$10.5 Million Disbursement
April 25, 2009 -- IMFC Statement by H.E. Tito Mboweni, Governor, South African Reserve Bank, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 337Kb
April 15, 2009 -- Liberia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 15, 2009
PDF File Size: 399Kb
March 01, 2009 -- Dedollarization in Liberia-Lessons from Cross-country Experience
Author/Editor: Erasmus, Lodewyk | Leichter, Jules | Menkulasi, Jeta
Series: Working Paper No. 09/37
February 27, 2009 -- Press Release: IMF Staff Statement at the Conclusion of a PRGF Review Mission to Liberia
January 13, 2009 -- Liberia: 2008 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Financing Assurances Review, and Request for Waiver and Modification of Performance Criteria - Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 09/4
January 12, 2009 -- Public Information Notice: IMF Executive Board Concludes Article IV Consultation with Liberia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 22, 2008 -- Press Release: IMF Executive Board Completes First Review under PRGF Arrangement for Liberia and Approves US$10.8 Million Disbursement
December 03, 2008 -- Liberia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 03, 2008
PDF File Size: 496Kb
November 04, 2008 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Liberia
October 11, 2008 -- IMFC Statement by the Honorable Tito Mboweni, Governor, South African Reserve Bank
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 278Kb
October 10, 2008 -- Transcript of the African Regional Economic Outlook Press Briefing
Transcript of the African Regional Economic Outlook Press Briefing
August 22, 2008 -- Liberia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper
Series: Country Report No. 08/289
July 07, 2008 -- Liberia: Poverty Reduction Strategy Paper
Series: Country Report No. 08/219
May 02, 2008 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Liberia
April 12, 2008 -- IMFC Statement by the Honourable Tito Mboweni, Governor, South African Reserve Bank
On behalf of: Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 188Kb
March 24, 2008 -- Liberia: Fourth Review of Performance Under the Staff - Monitored Program and Request for Three - Year Arrangement Under the Poverty Reduction and Growth Facility and the Extended Fund Facility - Staff Report; Press Release on the Executive Board Discussion
Series: Country Report No. 08/108
March 21, 2008 -- Evaluation of the U.K. DFID-Financed Technical Assistance GDDS Project for Selected Anglophone African Countries (2001-06)
Subject: Andorra | Botswana | Eritrea | Ethiopia | Ghana | Kenya | Lesotho | Liberia | Malawi | Namibia | Nigeria | Sierra Leone | Sudan | Swaziland | Zambia | Zimbabwe | Technical assistance programs | General Data Dissemination System
March 20, 2008 -- Liberia: Enhanced Initiative for Heavily Indebted Poor Countries - Decision Point Document, Debt Sustainability Analysis, and Staff Supplement
Series: Country Report No. 08/106
March 18, 2008 -- Press Release: IMF and World Bank Support Liberia's Decision Point Under the Enhanced HIPC Initiative
March 18, 2008 -- Transcript of a Press Conference Call by John Lipsky, First Deputy Managing Director of the IMF on Liberia
March 14, 2008 -- Press Release: IMF Executive Board Fully Restores Liberia's IMF Status, Approves Financial Support Amounting to US$952 Million and HIPC Decision Point Designation
February 27, 2008 -- Liberia -- Staff-Monitored Program: Letter of Intent, Memorandum of Economic and Financial Policies, Technical Memorandum of Understnading, February 27, 2008
PDF File Size: 256Kb
February 04, 2008 -- Press Release: IMF, World Bank Agree Liberia Eligible for HIPC Assistance
February 01, 2008 -- Liberia: Enhanced Initiative for Heavily Indebted Poor Countries - Preliminary Document
Series: Country Report No. 08/53
January 24, 2008 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Liberia
December 31, 2007 -- IMF Survey:
Rising Energy Costs, Liberia to get debt relief, Climate Change, World Economic Outlook, European Economic Outlook, Latin American Economic Outlook, Mideast-Central Asia Economic Outlook, Technical Assistance, Research Conference, Mundell-Flemming Lecture, German fiscal policy, News Briefs. PDF File Size: 455Kb
November 14, 2007 -- An Open Letter to Civil Society Organizations on the Fund's Debt Relief for Liberia
November 12, 2007 -- Press Release: IMF Managing Director Dominique Strauss-Kahn Announces Financing Milestone on Debt Relief for Liberia
November 06, 2007 -- Liberia: Third Review of Performance Under the Staff-Monitored Program - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 07/356
October 21, 2007 -- Letter from IMF Managing Director Rodrigo de Rato to Bono on Liberia
October 20, 2007 -- Transcript of a Press Briefing on the Sub-Saharan Africa Regional Economic Outlook
October 18, 2007 -- Press Release: Statement by IMF Managing Director Rodrigo de Rato on Liberia
September 07, 2007 -- Liberia: Interim Poverty Reduction Strategy Paper - Joint Staff Advisory Note
Series: Country Report No. 07/313
July 13, 2007 -- Press Release: IMF Executive Board Discusses Liberia's Progress Under the Staff-Monitored Program
June 28, 2007 -- Liberia -- Staff-Monitored Program: Letter of Intent, June 28, 2007
PDF File Size: 153Kb
June 07, 2007 -- Transcript of a Press Briefing by David Hawley, Senior Advisor, External Relations Department
April 16, 2007 -- Press Release: Statement by IMF Mission to Liberia on Progress Under the Staff Monitored Program
April 14, 2007 -- Transcript of a Press Briefing of African Finance Ministers
March 01, 2007 -- Transcript of a Press Briefing by Masood Ahmed, Director, External Relations Department, International Monetary Fund
February 15, 2007 -- Transcript of a Press Briefing by Masood Ahmed, Director, External Relations Department, IMF
February 13, 2007 -- Remarks by Rodrigo de Rato, Managing Director of the International Monetary Fund, at the Liberia Partners' Forum
February 12, 2007 -- Liberia: Interim Poverty Reduction Strategy Paper
Series: Country Report No. 07/60
February 09, 2007 -- Liberia: Second Review of Performance Under the Staff-Monitored Program and New Program for 2007
Series: Country Report No. 07/49
February 07, 2007 -- Press Release: IMF Executive Board Discusses Liberia's Progress Under the Staff-Monitored Program
January 18, 2007 -- Liberia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 18, 2007
PDF File Size: 313Kb
November 20, 2006 -- Liberia: First Review of Performance Under the Staff-Monitored Program - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 06/412
November 17, 2006 -- Press Release: Statement by IMF Mission to Liberia on Progress Under the Staff Monitored Program
October 16, 2006 -- IMF Survey:
John Lipsky on IMF role; Liberia; Middle East outlook; Country briefs: Chile, Iceland; Ukraine reforms; Syria's oil crunch; Measuring sovereign risk; Maastricht inflation criterion; financial sector supervision; IMF bookstore; Nouriel Roubini PDF File Size: 771Kb
October 02, 2006 -- Press Release: IMF Initiates De-Escalation of Remedial Measures Against Liberia and Lifts the Declaration of Noncooperation
September 17, 2006 -- IMFC Statement by Hon. Nenadi E. Usman, Minister of Finance of Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 271Kb
September 12, 2006 -- Liberia -- Letter of Intent, September 12, 2006
PDF File Size: 283Kb
August 16, 2006 -- Review of the Fund's Strategy on Overdue Financial Obligations
Subject: Overdue obligations | Sudan | Liberia | Zimbabwe | Somalia | Rights accumulation program | Lapse of time consideration
July 28, 2006 -- Press Release: Statement by IMF Mission on Liberia's Progress Under the Staff Monitored Program
July 11, 2006 -- Press Release: IMF Resident Representative Comments on the Liberia Draft National Budget for Fiscal Year 2006/07
May 08, 2006 -- Liberia: 2006 Article IV Consultation and Staff-Monitored Program - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Liberia
Series: Country Report No. 06/166
May 08, 2006 -- Liberia: Statistical Appendix
Series: Country Report No. 06/167
May 02, 2006 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Liberia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 22, 2006 -- Transcript of a Press Conference of African Finance Ministers
April 12, 2006 -- Liberia -- Staff-Monitored Program: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 12, 2006
PDF File Size: 252Kb
March 01, 2006 -- Press Release: Statement by the IMF Article IV Mission to Liberia
March 01, 2006 -- Adopting Full Dollarization in Postconflict Economies: Would the Gains Compensate for the Losses in Liberia?
Author/Editor: Honda, Jiro | Schumacher, Liliana
Series: Working Paper No. 06/82
January 26, 2006 -- Transcript of a Press Briefing by Thomas C. Dawson, Director of External Relations Department, IMF
Mr. Masood Ahmed has been appointed by the Managing Director to succeed me as Director of External Relations. Masood will assume the position on May the 1st, and the Managing Director has asked me and I have agreed to stay on until that point.
October 25, 2005 -- Press Release: Liberia Formally Begins Participation in the IMF's General Data Dissemination System
August 01, 2005 -- Forestry Taxation in Africa: The Case of Liberia
Author/Editor: Schwidrowski, Arnim | Thomas, Saji
Series: Working Paper No. 05/156
May 20, 2005 -- Liberia: 2005 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 05/166
May 20, 2005 -- Liberia: Selected Issues and Statistical Appendix
Series: Country Report No. 05/167
May 18, 2005 -- Public Information Notice: IMF Executive Board Concludes Article IV Consultation with Liberia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 28, 2005 -- Press Release: Statement by IMF Staff on Article IV Consultations with Liberia
December 15, 2004 -- Liberia: Report on Post-Conflict Economic Conditions and Economic Program for 2004/05---Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 04/408
December 03, 2004 -- Public Information Notice: IMF Discusses Liberia's Post-Conflict Conditions and Economic Program for 2004/05
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 24, 2004 -- IMFC Statement by Mr. Tito Mboweni, Governor of the South African Reserve Bank
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 606Kb
March 25, 2004 -- Liberia: Report on Post-Conflict Economic Situation and Prospects for January--June 2004--Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 04/84
March 18, 2004 -- Public Information Notice: IMF Discusses Liberia's Post-Conflict Situation and Prospects Through June 2004
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 12, 2004 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
September 03, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Liberia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 03, 2003 -- Liberia: 2002 Article IV Consultation, Overdue Financial Obligations to the Fund--Review Following Declaration of Ineligibility, and Decision on Suspension of Voting and Related Rights--Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 03/274
September 03, 2003 -- Liberia: Selected Issues and Statistical Appendix
Series: Country Report No. 03/275
April 11, 2003 -- Transcript of a Press Conference of African Finance Ministers and Governors of Central Banks
Mr. Charles Konan Banny, Governor of the Central Bank of West African States (BCEAO), Mr. Benjamin Radavidson, Minister of Finance and Budget of Madagascar, Mr. Timothy T. Thahane, Minister of Finance from Lesotho, Mr. Joseph B. Dauda, Minister of Finance of Sierra Leone, Gerald M. Ssendaula, Minister of Finance, Planning and Economic Development of Uganda
March 06, 2003 -- Press Release: IMF Suspends Liberia's Voting Rights in the Fund
September 28, 2002 -- Statement by Mr. Julio Marcelino Bessa, Minister of Finance of Angola, Representing Africa Group I Constituency comprising the following countries: Angola, Botswana, Burundi, Ethiopia, Eritrea, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe, IMFC Meeting of the IMF Board of Governors, September 27, 2002
The International Monetary and Financial Committee statement on behalf of the following countries: Angola, Botswana, Burundi, Ethiopia, Eritrea, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
July 18, 2002 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Liberia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 18, 2002 -- Liberia: 2001 Article IV Consultation and Overdue Financial Obligations to the Fund--Review Following Declaration of Ineligibility--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Liberia
Series: Country Report No. 02/147
July 18, 2002 -- Liberia: Statistical Appendix
Series: Country Report No. 02/148
April 20, 2002 -- Transcript of a Press Briefing with African Finance Ministers
November 17, 2001 -- Statement by Ms. Linah K. Mohohlo, Governor of the Bank of Botswana, at the International Monetary and Financial Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee statement on behalf of Angola, Botswana, Burundi, The Gambia, Kenya, Ethiopia, Eritrea, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
March 01, 2001 -- Finance & Development, March 2001 - Point/Counterpoint - The Pros and Cons of Expanded Monetary Union in West Africa
R.D. Asante and Paul Robert Masson talk with Jacqueline Irving of the IMF's External Relations Department
September 15, 2000 -- Liberia -- Concluding Statement of an IMF Staff Visit To Review January-June 2000 Staff Monitored Program (SMP)
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 26, 2000 -- Concluding Statement of the May 2000 IMF Staff Visit -- Liberia
The purpose of this visit was to review the implementation of the Staff Monitored Program during the first quarter of 2000 and to discuss policies and targets for the second quarter and the remainder of the year.
April 16, 2000 -- Statement by Mr. Trevor A. Manuel, Minister of South Africa, International Monetary and Financial Committee, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Angola, Botswana, Burundi, The Gambia, Kenya, Ethiopia, Eritrea, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe
April 11, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Liberia
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
April 11, 2000 -- Liberia: Staff Report for the 1999 Article IV Consultation and Staff Monitored Program
Series: IMF Staff Country Report No. 00/52
Notes: Included with the Staff Report is the text of Public Information Notice No. 00/30--IMF Concludes Article IV Consultation with Liberia.
April 10, 2000 -- Liberia: Selected Issues and Statistical Appendix
Series: IMF Staff Country Report No. 00/50
February 14, 2000 -- Liberia Letter of Intent, February 14, 2000
This memorandum describes the policies that Liberia is implementing in the framework of a staff-monitored program. A members's staff-monitored program is an informal and flexible instrument for dialogue between the IMF staff and a member on its economic policies.
September 29, 1999 -- Statement by the Hon. Tantely Andrianarivo, Governor of the IMF for Madagascar, on behalf of the African Governors, at the Joint Annual Discussion
PDF File Size: 14Kb

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