Liberia: Second Review of Performance Under the Staff-Monitored Program and New Program for 2007
Volume/Issue:
Volume 2007
Issue 049
Publication date: February 2007
ISBN: 9781451822915
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Topics covered in this book
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Business and Economics , Money and Monetary Policy , Public Finance , ISCR , CR , program , Liberian authorities , poverty reduction strategy , U , S , dollar , economic reform reform program , component broad money , resolution strategy , debt obligation , revenue projection , auction rule , GDP deflator , dollar terms , Monetary base , Budget planning and preparation
Summary
This paper discusses key findings of the Second Review Under the Staff Monitored Program (SMP) and New Program for 2007 for Liberia. Performance under the SMP in the quarter to end-September was mixed. The authorities achieved all but one of the quantitative benchmarks, but they needed more time to achieve key structural benchmarks, including the review of contracts and concessions and finalization of the domestic debt and anticorruption strategies. Most of these outstanding benchmarks have now been met.
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