Central Bank of Liberia set for reform as IMF approves funding
Damning audit report leaves acting governor with a lengthy to-do list
The Central Bank of Liberia’s acting governor faces a daunting list of reforms as the country works to restore macroeconomic stability and maintain access to International Monetary Fund (IMF) financing.
The IMF approved an extended credit facility for Liberia on September 25, worth $210 million, with disbursements to be spread over the next 40 months if the country meets its commitments. The fund has paid out a first tranche of $5.8 million.
In a statement, IMF deputy managing director Bo Li said
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