Liberia: 2012 Article IV Consultation

International Monetary Fund

No 2012/340, IMF Staff Country Reports from International Monetary Fund

Abstract: The 2012 Article IV Consultation with Liberia discusses the economic developments and policies of the country. Liberia recorded strong macroeconomic performance under the three-year Extended Credit Facility (ECF) Arrangement, but poverty continued to be pervasive. The short- to medium-term outlook has remained favorable, although subject to considerable risks. Following resumption of iron ore exports in 2011, real GDP growth is estimated at 9 percent in 2012, supported by strong growth in the mining sector and expansionary fiscal policy for infrastructure investment. IMF staff supports the authorities’ request for a successor arrangement under the ECF.

Keywords: ISCR; CR; revenue; bank; fuel import price; ECF arrangement; resource revenue; U.S. dollar; Liberian bank; revenue inflow; Public investment spending; Public investment and public-private partnerships (PPP); West Africa; Global; Sub-Saharan Africa; North Africa (search for similar items in EconPapers)
Pages: 176
Date: 2012-12-21
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Citations: View citations in EconPapers (2)

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