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

December 15, 2004

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

Pages:
45
Volume:
2004
DOI:
https://doi.org/10.5089/9781451822854.002
Issue:
408
Series:
Country Report No. 2004/408
Stock No:
1LBREA0022004
ISBN:
9781451822854
ISSN:
1934-7685

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