Liberia: Seventh Review Under the Extended Credit Facility Arrangement
IMF Staff Country Reports, December 6, 2011
Source details
- Canonical URL
- Liberia: Seventh Review Under the Extended Credit Facility Arrangement
Other formats
Bibliographic details
- Published: December 6, 2011
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463929855.002
Overview
- The Executive Board of the IMF has completed the seventh review of Liberia’s economic program under the Extended Credit Facility (ECF).
- Completion of the review enables the disbursement of SDR 4.44 million.
Financial operations and disbursements
- Disbursement enabled by review: SDR 4.44 million.
- Total disbursements under the arrangement after this review: SDR 243.5 million.
- ECF arrangement initial approval: March 2008, for an amount of SDR 239.02 million.
Historical context and debt relief
- In June 2010, Liberia reached the Heavily Indebted Poor Countries Initiative Completion Point and received debt relief equivalent to more than 90 percent of debt outstanding.
Subject areas and keywords
- Subject: Credit, Expenditure, Money, National accounts, Public debt, Revenue administration
- Keywords: broad money, CR, Credit, disbursement of SDR, ECF arrangement, Global, initiative completion point, ISCR, private sector, SDR, West Africa
Source: Liberia: Seventh Review Under the Extended Credit Facility Arrangement (IMF Staff Country Report 2011/345).