Liberia: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Liberia

Publication Date:

June 19, 2019

Electronic Access:

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Summary:

Liberia remains a fragile, post-conflict country with weak capacity and limited physical and human capital accumulation. External assistance to Liberia is winding down from its peak in 2016. To address pressing needs, the government launched its Pro-Poor Agenda for Prosperity and Development (PAPD), focusing on physical and human capital accumulation. Policy uncertainty and slippages, however, imposed a significant toll on the economy over the past two years. Particularly, higher fiscal deficits and accommodative monetary policy have led to rapid depreciation of the Liberia dollar and increased inflation, eroding the purchasing power of the poor.

Series:

Country Report No. 2019/169

Subject:

English

Publication Date:

June 19, 2019

ISBN/ISSN:

9781498320467/1934-7685

Stock No:

1LBREA2019001

Pages:

92

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