The latest tranche brings Liberia\u2019s total disbursement under the 40-month, $155 million facility to nearly $79.4 million. The IMF commended the West African nation for what it described as \u201cbroadly satisfactory\u201d performance, despite challenges arising from declining foreign aid and weak domestic revenues.<\/p>\n
<\/p>\n
Liberia\u2019s economy is projected to grow by 4.6% in 2025, driven mainly by mining and agricultural expansion, before accelerating to 5.4% in 2026. Inflation is expected to moderate to around 9% by year-end, supported by prudent fiscal and monetary management.<\/p>\n
<\/p>\n
Bo Li, IMF Deputy Managing Director and Acting Chair, praised the Liberian authorities for making \u201cnotable progress in implementing sound macroeconomic policies,\u201d including efforts to reduce fiscal deficits, strengthen foreign exchange reserves, and improve governance. However, he urged the government to sustain reforms aimed at boosting domestic revenue and maintaining fiscal discipline, especially in the face of declining donor funding following the termination of United States Agency for International Development support earlier this year.<\/p>\n
<\/p>\n
The IMF highlighted the need for continued financial sector reforms, including the restructuring of weak banks, reducing high non-performing loans, and improving regulatory oversight by the Central Bank of Liberia. It also called for greater transparency through the publication of public officials\u2019 asset declarations and a stronger anti-corruption framework to attract investment and enhance governance.<\/p>\n
<\/p>\n
The Fund warned that while Liberia\u2019s medium-term outlook remains positive, risks persist due to external economic uncertainties and reduced aid flows. To mitigate these risks, the IMF advised the government to accelerate tax reforms, improve spending efficiency, and ensure that borrowing remains sustainable.<\/p>\n
<\/p>\n
Liberia\u2019s current arrangement under the ECF was approved in September 2024 to help restore macroeconomic stability, reduce debt vulnerabilities, and support inclusive development under the country\u2019s ARREST Agenda for Inclusive Development.<\/p>\n
<\/p>\n
–IMF\/ChannelAfrica–<\/p>\n","protected":false},"featured_media":13076,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14762","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The International Monetary Fund (IMF) has completed its 2025 Article IV Consultation and second review of Liberia\u2019s economic reform programme under the Extended Credit Facility (ECF), approving the immediate disbursement of $26.5 million.","published_date":null,"news_description":"The International Monetary Fund (IMF) has completed its 2025 Article IV Consultation and second review of Liberia\u2019s economic reform programme under the Extended Credit Facility (ECF), approving the immediate disbursement of $26.5 million.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14762\/revisions"}],"predecessor-version":[{"id":19284,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14762\/revisions\/19284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13076"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14762"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}