Liberia: First Review of Performance Under the Staff-Monitored Program
IMF Staff Country Reports, November 20, 2006
Source details
- Canonical URL
- Liberia: First Review of Performance Under the Staff-Monitored Program
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Bibliographic details
- Published: November 20, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822908.002
Program implementation and overall performance
- Economic developments are broadly in line with the original program projections for the year.
- The authorities have made considerable progress in implementing the IMF staff-monitored program (SMP).
- The program is broadly on track.
- Serious capacity constraints affect the ability of the authorities to achieve all of the objectives.
Fiscal and revenue developments
- Substantial efforts to improve revenue administration raised revenue by 18 percent in February-June 2006, compared with the corresponding period in 2005.
Monetary and central bank developments
- The financial position of the Central Bank of Liberia (CBL) improved.
Subject areas covered
- Arrears
- Expenditure
- External debt
- Foreign exchange
- Monetary base
- Money
- Public financial management (PFM)
Keywords highlighted in the publication
- Arrears
- CR
- de-escalation
- de-escalation process
- development partner
- government
- government activity
- government ministry
- ISCR
- Liberian authorities
- Monetary base
- payments to the IMF
Liberia: First Review of Performance Under the Staff-Monitored Program, November 20, 2006