IMF Staff Country Reports

Liberia: 2012 Article IV Consultation

Publication Date:

December 21, 2012

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The 2012 Article IV Consultation with Liberia discusses the economic developments and policies of the country. Liberia recorded strong macroeconomic performance under the three-year Extended Credit Facility (ECF) Arrangement, but poverty continued to be pervasive. The short- to medium-term outlook has remained favorable, although subject to considerable risks. Following resumption of iron ore exports in 2011, real GDP growth is estimated at 9 percent in 2012, supported by strong growth in the mining sector and expansionary fiscal policy for infrastructure investment. IMF staff supports the authorities’ request for a successor arrangement under the ECF.

Series:

Country Report No. 2012/340

Subject:

Capital spending Expenditure National accounts Public debt Public financial management (PFM) Public investment and public-private partnerships (PPP) Public investment spending