Liberia: First Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria
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Summary:
This paper describes Liberia’s First Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria. Nonresource real GDP growth, in particular, while still on an upward trend has been revised down for 2013, reflecting the sluggish pace of public investment. Nonresource growth is expected to pick up in the medium term, in line with an expected increase in public investment albeit the investment path is somewhat more moderate than originally planned and provided project execution speeds up.
Series:
Country Report No. 2013/216
Subject:
Budget planning and preparation Capital spending Expenditure National accounts Public debt Public financial management (PFM) Revenue administration
English
Publication Date:
July 23, 2013
ISBN/ISSN:
9781484321041/1934-7685
Stock No:
1LBREA2013001
Pages:
94
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