Liberia: Request for an Extension of the Arrangement Under the Extended Credit Facility-Staff Report and Press Release
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Summary:
The proposed three-month extension would enable conclusion of the discussions for the review. In the past months, the authorities and staff have made progress towards completion of the review, but further discussions are needed in some areas, including the issues described above. The requested extension would provide the time needed to reach staff-level agreement in these areas, and, if needed, build broader consensus in the country on the agreed policies. The conclusion of the outstanding fourth program review could, in staff’s view, also provide an opportunity for the authorities to request a rephasing of the fifth and sixth reviews and a further extension of the arrangement.
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