IMF Staff Country Reports

Liberia: Public Investment Management Assessment

November 15, 2016

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Format: Chicago

International Monetary Fund. Fiscal Affairs Dept. "Liberia: Public Investment Management Assessment", IMF Staff Country Reports 2016, 352 (2016), accessed 12/5/2025, https://doi.org/10.5089/9781475553468.002

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Summary

This Technical Assistance Report presents an evaluation of the public investment management (PIM) in Liberia. The overall performance of PIM in Liberia is in line with that of comparable low-income countries, and reflects the country’s post-conflict status, which severely damaged its infrastructure, and heavy dependence on external loans and grants. About 80 percent of Liberia’s public investment is financed through external sources. grants and concessional loans, and executed outside the budget. These sources of funding are not within government’s control and have contributed to the volatility of public investment in recent years.

Subject: Budget planning and preparation, Capital spending, Expenditure, Infrastructure, National accounts, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: annual budget, budget allotment, Budget planning and preparation, capital investment, Capital spending, capital stock, CR, depreciation rate, efficiency index, financing source, Global, Infrastructure, investment project, ISCR, Public investment and public-private partnerships (PPP), Public investment spending