Central Bank of Liberia - Annual Report 2005

According to the Central Bank of Liberia's Annual Report 2005, during 2005, significant strides that further consolidated the peace process and enhanced economic recovery were made on the political front and in the macroeconomic management of society.

"Despite the promising posture of the economy, there were several factors both endogenous and exogenous that militated against the undertakings. The performance of the economy was undermined by the United Nation's sanctions imposed on diamond and

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