Liberia: Staff Report for the 2006 Article IV Consultation and Staff-Monitored Program

May 8, 2006

Summary

Liberia’s 2006 Article IV Consultation reports that the economy continues its modest recovery, driven by donor-related expenditure and the resumption of activity in rural areas. The government has endorsed the Governance and Economic Management Assistance Program that aims to strengthen economic governance and financial management and rebuild Liberia’s key economic institutions. Reestablishment of confidence in these institutions is crucial to maintaining stability, securing sustained external support, and encouraging private investment.

Subject: Budget planning and preparation, Commercial banks, Currencies, Financial institutions, Foreign exchange, Monetary base, Money, Public debt, Public financial management (PFM)

Keywords: anti-corruption strategy, Budget planning and preparation, Commercial banks, CR, Currencies, donor support, executive governor Mills Jones, governance, governance problem, government, government institution, IMF arrangement, ISCR, Liberia, Liberian authorities, processing line ministries expenditure, reconstruction effort, reform agenda, Republic of Liberia executive board meeting, spending, support fiscal policy effort, West Africa

Pages:
75
Volume:
2006
DOI:
https://doi.org/10.5089/9781451822885.002
Issue:
166
Series:
Country Report No. 2006/166
Stock No:
1LBREA2006001
ISBN:
9781451822885
ISSN:
1934-7685

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