Liberia Economic Update, June 2020

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dc.creatorWorld Bank
dc.date2020-08-03T17:59:01Z
dc.date2020-08-03T17:59:01Z
dc.date2020-06
dc.date.accessioned2026-07-01T00:39:18Z
dc.descriptionWhen the global COVID-19 (Coronavirus) pandemic emerged in early 2020, Liberia was already facing a challenging domestic and external environment. Weak consumption and declining output had caused the Liberian economy to contract by an estimated 2.3 percent in 2019. Meanwhile, the inflation rate reached 27 percent, eroding consumer purchasing power and undermining household welfare, and fiscal consolidation and monetary tightening further weakened domestic demand during the second half of 2019. However, the economy was poised for a recovery in 2020, underpinned by a positive global and regional outlook, a renewed focus on responsible macroeconomic management, improved governance, and structural reform. The IMF’s Extended Credit Facility (ECF) progra
dc.formatapplication/pdf
dc.identifierhttp://documents.worldbank.org/curated/en/159581596116122714/Liberia-Economic-Update-The-COVID-19-Crisis-in-Liberia-Projected-Impact-and-Policy-Options-for-a-Robust-Recovery
dc.identifierhttps://hdl.handle.net/10986/34271
dc.identifier10.1596/34271
dc.identifier.urihttp://hdl.handle.net/123456789/408415
dc.languageEnglish
dc.publisherWorld Bank, Monrovia
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectECONOMIC GROWTH
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectMONETARY POLICY
dc.subjectFISCAL TRENDS
dc.subjectEXTERNAL SECTOR
dc.subjectRISKS
dc.subjectECONOMIC OUTLOOK
dc.subjectPANDEMIC RESPONSE
dc.subjectECONOMIC RECOVERY
dc.titleLiberia Economic Update, June 2020
dc.titleThe COVID-19 Crisis in Liberia - Projected Impact and Policy Options for a Robust Recovery
dc.typeReport
dc.typeRapport
dc.typeInforme

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