At a Glance
- Current IMF membership: 190 countries
- Liberia joined the Fund on March 28, 1962.
- Quota: SDR 258.4 million
- Outstanding loans: RCF Loans SDR 32.30 million; ECF Arrangements SDR 76.03 million
- The latest Article IV consultation was discussed by the Executive Board on May 31, 2019. (Country Report 19/169)
Liberia and the IMF
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October 11, 2024
Series:Country Report No. 2024/309
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September 25, 2024
The Executive Board of the International Monetary Fund (IMF) has approved a 40-month arrangement under the Extended Credit Facility (ECF) for Liberia, amounting to SDR155 million (60 percent of the quota, or approximately US$210 million).
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Liberia: IMF Reaches Staff-Level Agreement on a New 40-Month Extended Credit Facility Arrangement
August 26, 2024
International Monetary Fund staff and the Liberian authorities reached a staff-level agreement on a comprehensive set of policy priorities to support a new 40-month Extended Credit Facility (ECF) arrangement. The SDR 155 million arrangement is subject to approval by the IMF Executive Board. The board discussion is scheduled for September 25.
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IMF Deputy Managing Director Antoinette Sayeh to Retire from the Fund
July 17, 2024
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today that Deputy Managing Director Antoinette Sayeh intends to conclude her service on September 12, 2024
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IMF Staff Completes Mission to Liberia
July 5, 2024
IMF Staff Completes Mission to Liberia
Regional Economic Outlook
April 19, 2024
A Tepid and Pricey RecoveryAfter four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Fraudulent Scam Emails
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.