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Liberia First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loosening to meet humanitarian needs during the COVID-19 pandemic, tight monetary policy,...

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2021
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Government And The Monetary System
Payment Systems
Public Debt
Finance
Budget Systems
Public Finance & Taxation
Monetary Economics
Regimes
Debt Management
Debts, Public
Fiscal Policy
Debt
Exports And Imports
International Economics
International Lending And Debt Problems
Debts, External
External Debt
Budgeting
Money
Sovereign Debt
Standards
Currencies
Budget
Monetary Systems
Macroeconomics
National Budget
Public Finance
Money And Monetary Policy
Debt Sustainability Analysis
Liberia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loosening to meet humanitarian needs during the COVID-19 pandemic, tight monetary policy, much improved public financial management, domestic revenue mobilization, and zero central bank financing have supported the administration’s efforts to achieve price and exchange rate stability. This has helped to preserve the purchasing power of the poor who were the most affected by the high inflation environment at the program’s inception. The authorities consider bringing the ECF-supported program back on track of utmost importance and are committed to their development plan, the Pro-Poor Agenda for Prosperity and Development (PAPD)
Physical Description:126 pages
ISBN:9781513566283

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