IMF -- Resident Representative Office in Liberia

Monrovia, Liberia

Monrovia (Photograph by Linda Williams)

Liberia Resident Representative Site

Resident Representative Office in Liberia

This web page presents information about the work of the IMF in Liberia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Liberia and IMF country page, including IMF reports and Executive Board documents that deal with Liberia.

At a Glance : Liberia's Relations with the IMF

Current IMF membership: 185 countries
Liberia joined the Fund on March 28, 1962
Quota: SDR 129.2 million
Outstanding loans: PRGF Arragenments SDR 207.3 million; Extended arrangements SDR 342.8 million
The latest Article IV consultation was discussed by the Executive Board on December 22, 2008 (Country Report 09/04)
Technical Assistance: more than 40 missions since 2007, including 5 long-term resident advisors.

News — Highlights

The world must not forget Africa during this crisis

A Commentary by Dominique Strauss-Khan, Managing Director, International Monetary Fund

IMF Expertise Helps Bolster Africa's Financial Sector

Across Africa, IMF monetary and financial sector experts are helping to develop and strengthen institutions, markets, and capacity to formulate and implement sound monetary and financial policies; August 20, 2008

The Role of the Liberian Legislature in Implementing the Poverty Reduction Strategy

Seminar for Parliamentarians in Liberia; April 28, 2008

Liberia and the IMF

Press Release: IMF Staff Statement at the Conclusion of PRGF Review Mission to Liberia

November 2,2009

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

October 2,2009

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

June 8,2009
Series: Country Report No. 09/177

Liberia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 15, 2009

May 8,2009
PDF File Size: 399Kb

Press Release: IMF Executive Board Completes Second Review Under PRGF for Liberia and Approves US$10.5 Million Disbursement

May 7,2009

Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.

Resident Representative for Liberia

Yuri Sobolev
Resident Representative in Liberia
The Keynes Building
Mamba Point
Monrovia, Liberia
E-mail: rr-lbr@imf.org
Tel: +231 (0) 6 498 534