Resident Representative Office in LiberiaThis web page presents information about the work of the IMF in Liberia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Liberia and IMF country page, including IMF reports and Executive Board documents that deal with Liberia.
At a Glance : Liberia's Relations with the IMF
- Current IMF membership: 189 countries
- Liberia joined the Fund on March 28, 1962
- Quota: SDR 129.2 million
- Outstanding loans: RCF Loans SDR 32.30 million; ECF Arrangements SDR 76.03 million
- The latest Article IV consultation was discussed by the Executive Board on November 19, 2012 (Country Report 12/340)
- Technical Assistance: more than 50 missions since 2007, including 5 long-term resident advisors.
- IMF Response to The Ebola Crisis
Liberia and the IMF
September 14, 2016
Author/Editor: Montfort Mlachila ; Ahmat Jidoud ; Monique Newiak ; Bozena Radzewicz-Bak ; Misa Takebe
Series: African Departmental Paper No.16/5
August 24, 2016
Author/Editor: Tetsuya Konuki ; Mauricio Villafuerte
July 20, 2016
Series: Country Report No. 16/238
July 20, 2016
Series: Country Report No. 16/239
July 12, 2016
Regional Economic Outlook for Sub-Saharan Africa
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.