Cover IMF Staff Country Reports
Liberia: Staff Report for the 1999 Article IV Consultation and Staff-Monitored Program
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2000: Issue 052
Language:
English
Publication Date:
10 Apr 2000
DOI:
https://doi.org/10.5089/9781451822823.002
ISBN:
9781451822823
ISSN:
1934-7685
Pages:
69
Keywords:
ISCR; CR; U.S. dollar; expenditure overrun; government; civil war; expenditure; Liberian authorities; financial support; banking system; Commercial banks; Arrears; Agricultural commodities; Africa
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Liberia has begun the long process of recovery and rehabilitation after the civil war. The government should expand its focus from near-term relief and reconstruction to a more comprehensive reconstruction and economic reform program. The government remains committed to its economic and financial program monitored by IMF staff. The continuation of an appropriately restrained monetary stance, supported by a tight fiscal position, is important to build confidence in both the central bank and the new currency, and should allow for a gradual increase in international reserves.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2000: Issue 052