Liberia: Second Review of Performance Under the Staff-Monitored Program and New Program for 2007

February 9, 2007

Summary

This paper discusses key findings of the Second Review Under the Staff Monitored Program (SMP) and New Program for 2007 for Liberia. Performance under the SMP in the quarter to end-September was mixed. The authorities achieved all but one of the quantitative benchmarks, but they needed more time to achieve key structural benchmarks, including the review of contracts and concessions and finalization of the domestic debt and anticorruption strategies. Most of these outstanding benchmarks have now been met.

Subject: Budget planning and preparation, Expenditure, Foreign exchange, Monetary base, Money, Public financial management (PFM)

Keywords: auction rule, Budget planning and preparation, component broad money, CR, debt obligation, economic reform reform program, GDP deflator, ISCR, Liberian authorities, Monetary base, poverty reduction strategy, program, resolution strategy, revenue projection, U.S. dollar, U.S. dollar terms

Pages:
58
Volume:
2007
DOI:
https://doi.org/10.5089/9781451822915.002
Issue:
049
Series:
Country Report No. 2007/049
Stock No:
1LBREA2007001
ISBN:
9781451822915
ISSN:
1934-7685

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