Liberia has begun the long process of recovery and rehabilitation after the civil war. The government should expand its focus from near-term relief and reconstruction to a more comprehensive reconstruction and economic reform program. The government remains committed to its economic and...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Liberia’s 2006 Article IV Consultation reports that the economy continues its modest recovery, driven by donor-related expenditure and the resumption of activity in rural areas. The government has endorsed the Governance and Economic Management Assistance Program that aims to strengthen...

In this study, economic developments and achievements, the role of the IMF, strong economic recovery, the formulation and implementation of the government’s budgetary policy, and the progress made in rebuilding fiscal institutions are first discussed in detail. An overview of the challenges...

This paper examines economic developments and policies in Canada during 1990–95. Spurred by the robust growth in the United States and the easing of monetary conditions between 1991 and 1993, economic growth in Canada continued to strengthen during 1994. Real GDP grew by 4.5 percent in 1994...

Barbados has a stable political system, and there is long-standing public consensus on key economic policies, including a fixed exchange rate with the U.S. dollar supported by prudent fiscal and wage policies. Owing to job creation mainly in the private sector, particularly construction, the...