{
  "title": "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",
  "publication": "IMF Staff Country Reports, May 13, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2026/05/13/liberia-third-review-under-the-extended-credit-facility-arrangement-and-request-for-an-576039",
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  "summary": "The current 40-month program supported by the Extended Credit Facility is helping Liberia regain fiscal credibility, restore debt sustainability, and enhance financial sector stability.",
  "sections": [
    {
      "heading": "Program overview and purpose",
      "content": "- The current 40-month program supported by the Extended Credit Facility is helping Liberia:\n  - regain fiscal credibility;\n  - restore debt sustainability;\n  - enhance financial sector stability.\n- 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.\n- Publication date: May 13, 2026.\n- Format and identifiers:\n  - Pages: 181\n  - Volume: 2026\n  - Issue: 098\n  - Series: Country Report No. 2026/098\n  - DOI: https://doi.org/10.5089/9798229045995.002\n  - Stock No: 1LBREA2026001\n  - ISBN: 9798229045995\n  - ISSN: 1934-7685"
    },
    {
      "heading": "Risks, vulnerabilities, and development constraints",
      "content": "- Liberia remains one of the most vulnerable countries to climate-related and pandemic risks.\n- Recent climate-related shocks have led to:\n  - significant loss of lives and property;\n  - people displacements;\n  - destruction of agriculture crops;\n  - worsening food security.\n- Heightened vulnerabilities to pandemics are largely due to:\n  - a fragile, underfunded health sector with limited coverage.\n- These challenges, coupled with a decline in external donors’ support, continue to constrain Liberia’s development prospects."
    },
    {
      "heading": "Key subjects and keywords",
      "content": "- Subject: Debt sustainability, External debt, Health, Public debt\n- Keywords: Central Africa, Debt sustainability, Global, Liberian authorities, one-off concession payment, revenue windfall, Rsf arrangement, support disbursement"
    },
    {
      "heading": "Analytical emphasis and policy implications highlighted",
      "content": "- Strengthening fiscal credibility and restoring debt sustainability are central program objectives to stabilize macroeconomic fundamentals.\n- Mobilizing additional domestic and external resources is essential to close Liberia’s large infrastructure gap; targeted reforms aim to support these mobilization efforts.\n- Addressing climate-related and pandemic risks requires prioritizing resilience in public finances and strengthening the health sector to reduce vulnerability and safeguard development gains.\n- Continued engagement with external partners remains important given the noted decline in external donors’ support.\n\nInternational 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).\n\n---\n\n Content in this bundle\n\n- 1lbrea2026001\n  - 1lbrea2026001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1lbrea2026001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 13, 2026",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229045995.002",
    "The current 40-month program supported by the Extended Credit Facility is helping Liberia:",
    "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:",
    "Liberia remains one of the most vulnerable countries to climate-related and pandemic risks.",
    "Recent climate-related shocks have led to:",
    "Heightened vulnerabilities to pandemics are largely due to:",
    "These challenges, coupled with a decline in external donors’ support, continue to constrain Liberia’s development prospects.",
    "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",
    "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.",
    "**1lbrea2026001**"
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