Liberia: First Review of Performance Under the Staff-Monitored Program
November 20, 2006
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Economic developments are broadly in line with the original program projections for the year. The authorities have made considerable progress in implementing the IMF staff-monitored program (SMP), and the program is broadly on track. Substantial efforts to improve revenue administration raised revenue by 18 percent in February-June 2006, compared with the corresponding period in 2005. The financial position of the Central Bank of Liberia (CBL) also improved. Serious capacity constraints also affect the ability of the authorities to achieve all of the objectives.
Subject: Arrears, Expenditure, External debt, Foreign exchange, Monetary base, Money, Public financial management (PFM)
Keywords: Arrears, CR, de-escalation, de-escalation process, development partner, government, government activity, government ministry, ISCR, Liberian authorities, Monetary base, payments to the IMF
Pages:
52
Volume:
2006
DOI:
Issue:
412
Series:
Country Report No. 2006/412
Stock No:
1LBREA2006003
ISBN:
9781451822908
ISSN:
1934-7685
