Liberia; Fourth Review of Performance Under the Staff: Monitored Program and Request for Three: Year Arrangement Under the Poverty Reduction and Growth Facility and the Extended Fund Facility: Staff Report; Press Release on the Executive Board Discussion

This paper reviews Liberiaâ€™s performance under the staff-monitored program (SMP) through December 2007, and proposes a three-year program to be supported by the Poverty Reduction and Growth Facility (PRGF) and the Extended Fund Facility (EFF) once Liberiaâ€™s arrears to the IMF have been cleared and its rights to access IMF resources restored. Satisfactory performance on the PRGF/EFF-supported program would pave the way for comprehensive treatment of external debt under the Heavily Indebted Poor Countries (HIPC) Initiative and beyond-HIPC debt relief.

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Year of publication:	2008-03-24
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Poverty Reduction and Growth Facility \| Staff Reports \| Economic growth \| Exchange rates \| payments \| debt relief \| current account \| external debt \| domestic debt \| credit \| central bank \| external borrowing \| prices \| balance of payments \| debt service \| debt sustainability \| domestic borrowing \| amortization \| debt management \| current account balance \| debt management strategy \| current account deficit \| debt sustainability analysis \| traditional debt relief \| debt outstanding \| external payments \| external financing \| relief mechanisms \| repayments \| traditional debt relief mechanisms \| conditionality \| external payments arrears \| private creditors \| cash management \| debt relief mechanisms \| budget balance \| external debt service \| external loans \| credit tranche \| budget expenditures \| external debt sustainability \| shares \| government debt \| debt reduction \| terms of trade \| payment system \| stock of debt \| debt service payments \| debt strategy \| debt stock \| bilateral creditors \| multilateral creditors \| foreign debt \| domestic creditors \| domestic debt stock \| external shocks \| substantial debt \| institutional arrangements for debt management \| refinancing \| loan disbursements \| debt services \| substantial debt relief \| debt dynamics \| checks \| debt obligations \| domestic savings \| liquid reserves \| amount of debt \| commercial debt \| purchases \| debt problems \| ratio of debt \| external debt position \| commercial bank loans \| debt restructuring \| penalties \| collateral \| custody

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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 08/108 7 pages long
Source:	RePEc - Research Papers in Economics

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