Liberia: Second Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of a Performance Criteria

 
 
Publication Date: December 19, 2013
 
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Summary: This paper discusses Liberia’s Second Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of a Performance Criterion. Program performance has weakened relative to the previous review, as well as the former ECF-supported arrangement. Three out of six performance criteria and two out of four indicative targets were missed. The IMF staff supports the completion of the second review of the ECF arrangement and the authorities’ request for waivers of performance criteria and modification of the domestic financing performance criterion.
 
Series: Country Report No. 13/365
Subject(s): Extended Credit Facility | Economic growth | Public investment | Fiscal policy | Budgets | External borrowing | Debt management | Monetary policy | Foreign exchange reserves | Performance criteria modifications | Performance criteria waivers | Liberia

 
English
Publication Date: December 19, 2013
ISBN/ISSN: 9781484311523/1934-7685 Format: Paper
Stock No: 1LBREA2013002 Pages: 106
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