AbstractThe 2012 Article IV Consultation with Liberia discusses the economic developments and policies of the country. Liberia recorded strong macroeconomic performance under the three-year Extended Credit Facility (ECF) Arrangement, but poverty continued to be pervasive. The short- to medium-term outlook has remained favorable, although subject to considerable risks. Following resumption of iron ore exports in 2011, real GDP growth is estimated at 9 percent in 2012, supported by strong growth in the mining sector and expansionary fiscal policy for infrastructure investment. IMF staff supports the authoritiesâ€™ request for a successor arrangement under the ECF.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Staff Country Reports with number 12/340.
Date of creation: 21 Dec 2012
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Postal: International Monetary Fund, Washington, DC USA
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