Liberia: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Augmentation of Access, and Extension of the Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Liberia
IMF Staff Country Reports, December 22, 2016
Source details
- Canonical URL
- Liberia: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Augmentation of Access, and Extension of the Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Liberia
Other formats
Bibliographic details
- Published: December 22, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475562620.002
Program performance and review outcome
- Two end-December 2015 and three end-June performance criteria were missed.
- IMF staff supports:
- the completion of the fifth and sixth reviews,
- the authorities’ requests for waivers of nonobservance of performance criteria,
- augmentation of ECF access,
- extension of the ECF arrangement.
Structural benchmarks
- Fifth review:
- Two out of nine structural benchmarks were met.
- Three structural benchmarks were completed late.
- Sixth review:
- Three out of five structural benchmarks were met.
Key findings and focus areas (as described)
- The paper discusses:
- Liberia’s Fifth and Sixth Reviews under the Extended Credit Facility (ECF) Arrangement,
- Requests for waivers of nonobservance of performance criteria,
- Augmentation of access to the ECF,
- Extension of the ECF arrangement.
Subject areas
- Budget planning and preparation
- Foreign exchange
- Loans
- Public debt
- Public financial management (PFM)
- Revenue administration
Keywords (as listed)
- audit plan
- authority
- Budget planning and preparation
- CBL
- central bank of Liberia
- commodity price environment
- CR
- finding
- Global
- ISCR
- program objective
- staff note
- West Africa
International Monetary Fund. African Dept. "Liberia: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Augmentation of Access, and Extension of the Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Liberia", IMF Staff Country Reports 2016, 392 (2016).