Liberia: Enhanced Initiative for Heavily Indebted Poor Countries: Preliminary Document

International Monetary Fund

No 2008/053, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents a preliminary assessment of the eligibility of Liberia for assistance under the Enhanced HIPC Initiative. It describes recent economic progress and the situation of Liberia. The study discusses its medium- to long-term macroeconomic framework and poverty reduction strategy. It also summarizes the preliminary Debt Relief Analysis (DRA) and presents the size of possible Heavily Indebted Poor Countries (HIPC), Multilateral Debt Relief Initiative (MDRI), and MDRI-type assistance, including arrears clearance. It also suggests a timeline for preparing the decision point document, and outlines reforms that could serve as completion point triggers.

Keywords: ISCR; CR; U.S. dollar; Liberian authorities; government of Liberia rubber plantation Task Force; reform process; government expenditure; bridge loan; GDP deflator; Debt relief; Debt service; Arrears; Debt service ratios; Africa; HIPC debt relief; debt prospect; IDA status; revenue code; enhanced Heavily Indebted Poor Countries (search for similar items in EconPapers)
Pages: 61
Date: 2008-02-01
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