Liberia: Enhanced Initiative for Heavily Indebted Poor Countries Initiative: Request for Additional Interim Assistance; and Press Release

International Monetary Fund

No 2010/091, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) Initiative for Liberia. Performance under the Extended Credit Facility (ECF)-supported program is solid. The third ECF review was completed on a lapse of time basis on December 18, 2009. All but one of the quantitative performance criteria (PC) for the end-June 2009 test date were observed. The PC on total revenue collection was not observed but the deviation was temporary and did not jeopardize program objectives. Structural reform commitments were largely met, though some with delays.

Keywords: ISCR; CR; assistance; HIPC completion point; ECF review; debt; draft decision; enhanced Heavily Indebted Poor Countries; debt obligation; Debt relief; Debt rescheduling; Poverty reduction strategy; SDR interest rate (search for similar items in EconPapers)
Pages: 5
Date: 2010-04-08
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