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Liberia :, Fourth Review Under the Three: Year Arrangement Under the Extended Credit Facility, Request for Modification of Performance Criteria, and Financing Assurances Review: Staff Report; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia

Political pressure for faster delivery of tangible economic results has mounted against a backdrop of slower-than-expected economic growth, job losses in some sectors, and delays in infrastructure provision. Macroeconomic performance weakened in 2009 owing to the global recession, but tentative signs of a turnaround have emerged. Banking sector capitalization improved, though profitability remains low. FY2010 budget execution is broadly on track despite resource shortfalls. Medium-term prospects are favorable based on foreign investment commitments and continued donor support for rebuilding infrastructure and institutions
Table Of Contents
Cover; Contents; Abbreviations and Acronyms; I. Summary and Staff Appraisal; II. Recent Developments and Program Performance; III. Poverty Reduction Strategy; IV. Policy Discussions; A. Macroeconomic Outlook and Debt Strategy; B. Fiscal Program; C. Monetary and Financial Policy; D. Structural Reform Agenda; E. Financing Assurances; V. Program Monitoring and Work Program; Box; 1. Public Financial Management Reforms; Figures; 1a. Recent Economic Developments, 2005-09; 1b. Recent Economic Developments; 2. External Outlook, 2008-12; 3. Fiscal Outlook, FY2008-12; Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (66 p.)
Specific Material Designation
Form Of Item

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