Liberia: Fourth Review of Performance Under the Staff: Monitored Program and Request for Three: Year Arrangement Under the Poverty Reduction and Growth Facility and the Extended Fund Facility: Staff Report; Press Release on the Executive Board Discussion

March 24, 2008

Summary

This paper reviews Liberia’s performance under the staff-monitored program (SMP) through December 2007, and proposes a three-year program to be supported by the Poverty Reduction and Growth Facility (PRGF) and the Extended Fund Facility (EFF) once Liberia’s arrears to the IMF have been cleared and its rights to access IMF resources restored. Satisfactory performance on the PRGF/EFF-supported program would pave the way for comprehensive treatment of external debt under the Heavily Indebted Poor Countries (HIPC) Initiative and beyond-HIPC debt relief.

Subject: Asset and liability management, Budget planning and preparation, Debt relief, Expenditure, External debt, Poverty, Poverty reduction strategy, Public financial management (PFM)

Keywords: Budget planning and preparation, CR, Debt relief, financial support, Global, government, growth, growth facility, IMF financial support, IMF status, ISCR, poverty reduction goal, Poverty reduction strategy, Three-Year arrangement, West Africa

Pages:
79
Volume:
2008
DOI:
https://doi.org/10.5089/9781451822977.002
Issue:
108
Series:
Country Report No. 2008/108
Stock No:
1LBREA2008003
ISBN:
9781451822977
ISSN:
1934-7685

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