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.

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At a Glance

  • Current IMF membership: 189 countries
  • Liberia joined the Fund on March 28, 1962.
  • Quota: SDR 258.4 million
  • Outstanding loans: RCF Loans SDR 32.30 million;  ECF Arrangements SDR 76.03 million
  • The latest Article IV consultation was discussed by the Executive Board on May 31, 2019. (Country Report 19/169)

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Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa: A Cautious Reopening

June 2020

The outlook for 2020 for sub-Saharan Africa is considerably worse than was anticipated in April and subject to much uncertainty. Economic activity this year is now projected to contract by some 3.2 percent, reflecting a weaker external environment and measures to contain the COVID-19 outbreak. Growth is projected to recover to 3.4 percent in 2021 subject to the continued gradual easing of restrictions that has started in recent weeks and, importantly, if the region avoids the same epidemic dynamics that have played out elsewhere. Africa’s authorities have acted swiftly to support the economy, but these efforts have been constrained by falling revenues and limited fiscal space. Regional policies should remain focused on safeguarding public health, supporting people and businesses hardest hit by the crisis, and facilitating the recovery. The region cannot tackle these challenges alone, and a coordinated effort by all development partners will be key. Read the report