Liberia: Third Review of Performance Under the Staff-Monitored Program: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
IMF Staff Country Reports, November 6, 2007
Source details
- Canonical URL
- Liberia: Third Review of Performance Under the Staff-Monitored Program: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia
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Bibliographic details
- Published: November 6, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822946.002
Summary and Purpose
- The staff report covers the Third Review of Performance Under the Staff-Monitored Program (SMP) on Liberia and explains recent economic developments.
- The report documents policy intentions of the Central Bank of Liberia (CBL) and progress on statistical capacity rebuilding.
Monetary Policy and Exchange Rate Management
- The Central Bank of Liberia (CBL) will:
- continue to use the exchange rate to gauge domestic monetary conditions; and
- manage Liberian dollar liquidity to maintain broad exchange rate stability.
Statistical Capacity and Data Needs
- Progress has been made in rebuilding Liberia’s statistical capacity.
- Further action is required to:
- establish the database required for policy formulation and monitoring.
Fiscal and Public Debt Topics Covered
- Subjects listed in the report include:
- Arrears
- Budget planning and preparation
- Domestic debt
- External debt
- Foreign exchange
- Monetary base
- Money
- Public debt
- Public financial management (PFM)
Keywords Highlighted
- Arrears
- Budget planning and preparation
- CR
- Domestic debt
- financing package
- Global
- government
- ISCR
- Liberia dollar
- Monetary base
- program
- program informational annex
- staff appraisal
- U.S. dollar government spending