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

Electronic Access:

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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. 2013/365

Subject:

English

Publication Date:

December 19, 2013

ISBN/ISSN:

9781484311523/1934-7685

Stock No:

1LBREA2013002

Pages:

106

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