Monrovia - A team from the International Monetary Fund (IMF) on Tuesday, 20 March, concluded a two-week visit to Liberia, recommending to the Liberian government measures to fix the country’s troubling economy. The IMF team after conducting discussions for the 2018 Article IV Consultation with Liberia stressed that the country’s economy is poised for recovery following a very difficult period. According to the IMF team, the implementation of good policies including measures to improve the business climate and support of the private sector development are favorable for the recovery of the economy. The country domestic revenue generation, according to the IMF team, is relatively low by regional standards. “Aid remains substantial, but is on a declining trend from past levels which were inflated by the exceptional support given for conflict period and the Ebola emergency,” the IMF team leader added.

Source: Front Page Africa March 22, 2018 14:37 UTC