Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document, Debt Sustainability Analysis, and Staff Supplement
IMF Staff Country Reports, March 20, 2008
Source details
- Canonical URL
- Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document, Debt Sustainability Analysis, and Staff Supplement
Other formats
Bibliographic details
- Published: March 20, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822960.002
Assessment of HIPC eligibility and qualification
- Presents an assessment of Liberia’s eligibility and qualification for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
- Discusses qualification elements in the context of debt relief and post-conflict debt treatment.
Macroeconomic framework and Debt Relief Analysis (DRA)
- The macroeconomic framework underlying the Debt Relief Analysis (DRA) was updated to reflect discussions on the policy framework underlying a proposed three-year Poverty Reduction and Growth Facility/Extended Fund Facility (PRGF/EFF)-supported program.
- The DRA uses the updated macroeconomic inputs to evaluate debt sustainability and relief needs.
Floating completion point triggers
- The study discusses the floating completion point triggers relevant to Liberia’s HIPC process.
- Analysis considers how triggers interact with the proposed PRGF/EFF-supported program and the DRA.
Fiscal policy, financial management, and governance
- Fiscal policy has been anchored on a balanced cash-based budget.
- The government has implemented measures to address long-standing problems in financial management and economic governance.