European Parliament Library

Liberia :, Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document and Multilateral Debt Relief Initiative

The Liberia Poverty Reduction Strategy (LPRS) was completed in March 2008. Since reaching the decision point in March 2008, Liberia has maintained macroeconomic stability. The global financial crisis adversely impacted Liberia shortly after the LPRS was released. Investments were postponed, and export revenues were sharply reduced in the rubber sector as external demand weakened. The authorities’ strict adherence to a cash-based balanced budget, in place since February 2006, has contributed substantially to regaining fiscal discipline, putting debt on a downward path while also increasing pro-poor expenditures
Table Of Contents
Cover; Contents; Abbreviations and Acronyms; Executive Summary; I. Introduction; II. Assessment of Requirements for Reaching the Completion Point; Boxes; 1. Status of Floating Completion Point Triggers; A. Poverty Reduction Strategy; B. Macroeconomic Stability; C. Public Financial Management; Text Tables; 1. Selected Economic Indicators (2006-10); D. Social Sector; E. Debt Management; F. Governance; III. Updated Debt Relied and Debt Sustainability Analysis; A Revision of HIPC Assistance and Status of Creditor Participation; B. Considerations for Exceptional Topping-Up Assistance
Literary Form
non fiction
"July 2010."
Physical Description
1 online resource (64 p.)
Specific Material Designation
Form Of Item

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