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-than-expected economic growth, job losses in some sectors, and delays in infrastructure provision. Macroeconomic performance weakened in 2009 …-term prospects are favorable based on foreign investment commitments and continued donor support for rebuilding infrastructure and …
Persistent link: https://www.econbiz.de/10011245258
This paper presents the staff report for the combined Liberia’s 2008 Article IV Consultation and the first review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. The international community is supporting the Liberian government’s efforts to reform...
Persistent link: https://www.econbiz.de/10011244653
This paper discusses key findings of the Eighth Review under the Extended Credit Facility for Liberia. Economic activity in Liberia remains on a solid upward trend. Inflation has nudged higher owing to rising international fuel prices and elevated food prices. The authorities’ immediate...
Persistent link: https://www.econbiz.de/10011244861
limited room for countercyclical fiscal action owing to high debt levels while monetary policy is constrained by high … dollarization. In the mining sector, investment continues, and iron ore exports are expected to resume with the global economic …
Persistent link: https://www.econbiz.de/10011245246
Persistent link: https://www.econbiz.de/10011242938
actual outturn to be 245 percent of exports. After additional voluntary bilateral debt relief, this ratio declines to 229 … percent of exports. The paper assesses the sensitivity of debt indicators to changes in key economic variables. …
Persistent link: https://www.econbiz.de/10011243501
authorities’ program for 2008 aims to mobilize more domestic revenue; reorient public spending to infrastructure projects and … poverty-reducing programs; prevent rapid accumulation of public debt; and accelerate implementation of structural reforms. …
Persistent link: https://www.econbiz.de/10011245537
This paper discusses key findings of the Third Review for Liberia Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program remains on track. All performance criteria (PC) for end-June 2009 were met, except the PC on total revenue collection. IMF staff...
Persistent link: https://www.econbiz.de/10011244771
This paper discusses the progress made by Burundi under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Burundi has made satisfactory progress in achieving the completion point triggers. It has fully implemented the triggers on preparing and implementing a Poverty Reduction...
Persistent link: https://www.econbiz.de/10011243421
Point and received debt relief equivalent to more than 90 percent of debt outstanding. …
Persistent link: https://www.econbiz.de/10011244518