Cover IMF Staff Country Reports
Liberia: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Liberia
Author:
International Monetary Fund. African Dept.
Search for other papers by International Monetary Fund. African Dept. in
Current site
Google Scholar
PubMedClose
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2019: Issue 169
Language:
English
Publication Date:
19 Jun 2019
DOI:
https://doi.org/10.5089/9781498320467.002
ISBN:
9781498320467
ISSN:
1934-7685
Pages:
92
Keywords:
ISCR; CR; government; monetary policy; CBL financing; financing gap; CBL bill; IMF staff estimate; Liberian authorities; CBL lending to government; Debt sustainability analysis; Public and publicly-guaranteed external debt; Currencies; Global
Download PDF (8.1 MB) Download Epub
Liberia remains a fragile, post-conflict country with weak capacity and limited physical and human capital accumulation. External assistance to Liberia is winding down from its peak in 2016. To address pressing needs, the government launched its Pro-Poor Agenda for Prosperity and Development (PAPD), focusing on physical and human capital accumulation. Policy uncertainty and slippages, however, imposed a significant toll on the economy over the past two years. Particularly, higher fiscal deficits and accommodative monetary policy have led to rapid depreciation of the Liberia dollar and increased inflation, eroding the purchasing power of the poor.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2019: Issue 169