## Liberia: Poverty Reduction and Growth Strategy

_IMF Staff Country Reports, January 8, 2021_

## Source details

**Canonical URL:** [Liberia: Poverty Reduction and Growth Strategy](https://www.imf.org/en/publications/cr/issues/2021/01/07/liberia-poverty-reduction-and-growth-strategy-49996)

## Other formats

- [Markdown version](/en/publications/cr/issues/2021/01/07/liberia-poverty-reduction-and-growth-strategy-49996/index.md)
- [Structured JSON version](/en/publications/cr/issues/2021/01/07/liberia-poverty-reduction-and-growth-strategy-49996/index.json)
- [Bundle manifest](/en/publications/cr/issues/2021/01/07/liberia-poverty-reduction-and-growth-strategy-49996/bundle-manifest.json)

## Bibliographic details
- Published: January 8, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513566313.002

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### Summary and purpose
- The Pro-Poor Agenda for Prosperity and Development 2018 to 2023 (PAPD) is the second in the series of 5-year National Development Plans (NDP) under the Liberia Vision 2030 framework.
- PAPD follows the Agenda for Transformation 2012-2017 (AfT) and is informed by lessons from the Interim Poverty Reduction Strategy 2007 (iPRS) and the Poverty Reduction Strategy (2008-2011).
- Core objective: translate Liberia's endowments into inclusive development by addressing human capital, infrastructure, and inequality constraints.

### Key findings and diagnostics
- Liberia is rich in human and natural resources.
- Development is constrained because human capital lacks the knowledge to transform natural resources into wealth through farming, mining, fishing, or other productive ventures that require technology or financial investments.
- Relative capital composition:
  - Relatively rich in natural capital.
  - Relatively poor in human capital and produced capital compared with peers.
- Binding constraints to future growth and prosperity:
  - A legacy of entrenched inequality in access to development opportunities.
  - Widespread infrastructure deficits.
  - Pervasive poverty.

### Thematic focus areas (as identified in the source)
- Education
- Health
- Infrastructure
- Labor
- Population and demographics

### Keywords and analytical focus
- absolute poverty
- CR
- economic growth
- gross domestic product
- ISCR
- private sector
- real GDP

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## Content in this bundle

- **Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020**
  - [Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020 (Markdown version)](/-/media/files/publications/cr/2021/english/1lbrea2021002.pdf.md){rel="alternate" type="text/markdown"}
  - [Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020 (PDF)](/-/media/files/publications/cr/2021/english/1lbrea2021002.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2021/01/07/liberia-poverty-reduction-and-growth-strategy-49996_