IMF Staff Country Reports

Liberia: Report on Post-Conflict Economic Conditions and Economic Program for 2004/05

December 15, 2004

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Format: Chicago

International Monetary Fund. "Liberia: Report on Post-Conflict Economic Conditions and Economic Program for 2004/05", IMF Staff Country Reports 2004, 408 (2004), accessed 12/18/2025, https://doi.org/10.5089/9781451822854.002

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Summary

This report reviews Liberia’s Post-Conflict Economic Conditions and Economic Program for 2004–05. The economy of Liberia is recovering, following a sharp contraction in the second half of 2003, as a result of increasing donor support and the revival of associated manufacturing and services activities. Despite political and capacity constraints, the economic program through June 2004 was implemented successfully. The monetary program for 2004–05 aims at a broadly stable exchange rate, while accommodating a further rebound in the demand for local currency.

Subject: Budget planning and preparation, Central banks, Commercial banks, Currencies, Financial institutions, International reserves, Money, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, cash management committee, Commercial banks, CR, Currencies, government, IMF staff representative, International reserves, ISCR, Liberian authorities, staff appraisal, staff visit