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: Capital Flows and The Future of Work

October 2018

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. While fiscal imbalances are being contained in many countries, the adjustment has typically occurred through a combination of higher commodity revenues and sharp cuts in capital spending, with little progress on domestic revenue mobilization. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to absorb the likely flow of new entrants into labor markets. The outlook is surrounded by significant downside risks, particularly considering the elevated policy uncertainty in the global economy. Shielding the recovery and raising medium-term growth would require reducing debt vulnerabilities and creating fiscal space through more progress on domestic revenue mobilization, and policies to achieve strong sustainable and inclusive growth. Read the report