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

November 6, 2007

Summary

The staff report for the Third Review of Performance Under the Staff-Monitored Program (SMP) on Liberia explains economic developments. 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. Progress has been made in rebuilding Liberia’s statistical capacity, but more needs to be done to establish the database required for policy formulation and monitoring.

Subject: Arrears, Budget planning and preparation, Domestic debt, External debt, Foreign exchange, Monetary base, Money, Public debt, Public financial management (PFM)

Keywords: 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

Pages:
49
Volume:
2007
DOI:
https://doi.org/10.5089/9781451822946.002
Issue:
356
Series:
Country Report No. 2007/356
Stock No:
1LBREA2007004
ISBN:
9781451822946
ISSN:
1934-7685

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