Liberia; 2011 Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Extension of the Arrangement, and Augmentation of Access: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia

In this study, the staff report for the review under the three-year arrangement under the Extended Credit Facility is discussed. Investment in iron ore and commercial agriculture and rebound in rubber prices are important for growth. Fiscal, monetary, and financial policies are discussed. An update of external debt sustainability confirms the low risk of debt distress rating. IMF staff supports the new indicative floor on education and health spending in FY2012, and the performance criterion on the Central Bank of Liberia (CBL) payment are discontinued.

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Year of publication:	2011-07-13
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Bank supervision \| Debt sustainability analysis \| Economic indicators \| Extended arrangement requests \| Extended Credit Facility \| Fiscal reforms \| Liquidity management \| Staff Reports \| debt \| external debt \| payments \| central bank \| loans \| domestic debt \| interest \| expenditures \| debt rescheduling \| creditors \| taxes \| debt sustainability \| debt relief \| debt service \| debt management \| debt service payments \| debt forgiveness \| current account \| balance of payments \| current account balance \| debt reduction \| debt outstanding \| liabilities \| government debt \| external financing \| public external debt \| treasury bills \| domestic borrowing \| external borrowing \| credit expansion \| budget expenditure \| debt stock \| debt instruments \| debt servicing \| public debt \| debt strategy \| external loans \| credit risk \| tax revenues \| budget expenditures \| obligations \| commercial creditors \| net present value of debt \| domestic debt stock \| repayment \| foreign loan \| domestic financing \| repayments \| payment arrears \| creditor \| credit risks \| reserve management \| external debt sustainability \| foreign borrowing \| external payments arrears \| foreign currency debt \| nonconcessional debt \| debt ratios \| repurchases \| corporate debt \| official creditors \| debts \| government securities \| debt relief mechanisms \| bilateral agreement \| currency debt \| central banks \| debt amortization \| multilateral creditors \| reserve holdings \| traditional debt relief \| bilateral agreements \| fiscal policy \| overall debt management \| traditional debt relief mechanisms \| access to credit \| debt management strategy \| debt accumulation \| external payments \| current account deficit \| public sector borrowing

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 11/174 7 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242938