IMF makes statement on Liberia

ERJ staff report (DS)

Monrovia, Liberia -- An International Monetary Fund (IMF) mission to Liberia has concluded that economic growth is accelerating, though more slowly than planned, due to reduced production of rubber and other factors.

The mission was led by Mr. Christopher Lane and visited Liberia March 28-April 8, 2011 to conduct discussions for the sixth review under the Extended Credit Facility (ECF) and a request from the Liberian authorities to extend support for their economic program until the end of 2011.1 The mission met with: Minister of Finance, Augustine Ngafuan; Central Bank of Liberia Executive Governor, Joseph Mills Jones; other senior officials; representatives of the private sector and development partners; and briefed President Johnson Sirleaf.

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Press release from IMF