Liberia : Staff Report for the 2005 Article IV Consultation

1LBREA2005001 Image
Price:  $15.00

Release Date: © May, 2005
ISBN : 978-1-45182-286-1
Stock #: 1LBREA2005001
Stock Status: On back-order

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This 2005 Article IV Consultation highlights that Liberia’s real GDP rebounded in 2004, following a steep decline in the second half of 2003 on account of the hostilities and the imposition of the United Nations ban on timber exports. Prices, particularly of food items, have stabilized as supply constraints eased, and the exchange rate has returned to pre-conflict levels. Official reserves increased modestly from low levels. For 2005, the economic recovery is expected to strengthen, underpinned by continued consolidation of the security situation and reconstruction activities.

More publications in this series: IMF Staff Country Reports