Liberia : Seventh Review Under the Extended Credit Facility Arrangement.

The Executive Board of the IMF has completed the seventh review of Liberia's economic program under the Extended Credit Facility (ECF). The completion of the review enables the disbursement of SDR 4.44 million, which will bring total disbursements under the arrangement to SDR 243.5 million. The...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Staff Country Reports; Country Report ; No. 2011/345
Online Access:Full text available on IMF
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520 3 |a The Executive Board of the IMF has completed the seventh review of Liberia's economic program under the Extended Credit Facility (ECF). The completion of the review enables the disbursement of SDR 4.44 million, which will bring total disbursements under the arrangement to SDR 243.5 million. The ECF arrangement for Liberia was initially approved in March 2008, for an amount of SDR 239.02 million. In June 2010, Liberia reached the Heavily Indebted Poor Countries Initiative Completion Point and received debt relief equivalent to more than 90 percent of debt outstanding. 
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