Liberia: Third Review Under the Extended Credit Facility Arrangement and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Liberia
IMF Staff Country Reports, May 13, 2026
Source details
- Canonical URL
- Liberia: Third Review Under the Extended Credit Facility Arrangement and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Liberia
Other formats
Bibliographic details
- Published: May 13, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229045995.002
Program overview and purpose
- The current 40-month program supported by the Extended Credit Facility is helping Liberia:
- regain fiscal credibility;
- restore debt sustainability;
- enhance financial sector stability.
- Targeted reforms are bolstering the authorities’ efforts to mobilize additional domestic and external resources, which are essential for addressing the country’s large infrastructure gap.
- Publication date: May 13, 2026.
- Format and identifiers:
- Pages: 181
- Volume: 2026
- Issue: 098
- Series: Country Report No. 2026/098
- DOI: https://doi.org/10.5089/9798229045995.002
- Stock No: 1LBREA2026001
- ISBN: 9798229045995
- ISSN: 1934-7685
Risks, vulnerabilities, and development constraints
- Liberia remains one of the most vulnerable countries to climate-related and pandemic risks.
- Recent climate-related shocks have led to:
- significant loss of lives and property;
- people displacements;
- destruction of agriculture crops;
- worsening food security.
- Heightened vulnerabilities to pandemics are largely due to:
- a fragile, underfunded health sector with limited coverage.
- These challenges, coupled with a decline in external donors’ support, continue to constrain Liberia’s development prospects.
Key subjects and keywords
- Subject: Debt sustainability, External debt, Health, Public debt
- Keywords: Central Africa, Debt sustainability, Global, Liberian authorities, one-off concession payment, revenue windfall, Rsf arrangement, support disbursement
Analytical emphasis and policy implications highlighted
- Strengthening fiscal credibility and restoring debt sustainability are central program objectives to stabilize macroeconomic fundamentals.
- Mobilizing additional domestic and external resources is essential to close Liberia’s large infrastructure gap; targeted reforms aim to support these mobilization efforts.
- Addressing climate-related and pandemic risks requires prioritizing resilience in public finances and strengthening the health sector to reduce vulnerability and safeguard development gains.
- Continued engagement with external partners remains important given the noted decline in external donors’ support.
International Monetary Fund. African Dept. "Liberia: Third Review Under the Extended Credit Facility Arrangement and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Liberia", IMF Staff Country Reports 2026, 098 (2026).
Content in this bundle
- 1lbrea2026001