Publication:
Liberia Economic Update: Investing in Human Capital for Inclusive and Sustainable Growth

Simple item page
dc.contributor.authorWorld Bank Group
dc.date.accessioned2022-09-29T13:32:29Z
dc.date.available2022-09-29T13:32:29Z
dc.date.issued2022-06
dc.description.abstractThis is the third edition of the Liberia Economic Update (LEU), a series of annual reports that assesses recent economic developments in Liberia and assists the government and its development partners in identifying emerging issues and addressing persistent challenges. It presents a broad overview of Liberia’s macroeconomic context, assesses the macro-fiscal and growth outlook over the short and medium terms, and sheds light on the state of human capital in Liberia. The rebound in global and domestic activity and higher prices of Liberia’s main exports helped improve the country’s economic performance in 2021. The government’s fiscal position improved in 2021 due to strong revenue growth and tight expenditure management. The appreciation of the Liberian dollar, coupled with prudent fiscal and monetary policies, helped stem inflation in 2021. Liberia’s current account deficit widened despite stronger export growth. As domestic activity picked up, increased exports were offset by the surge in imports. Liberia’s medium-term outlook is positive but subject to significant downside risks and uncertainties. The positive outlook is underpinned by significant tailwinds for mining, the government’s planned scale-up of public investment, and the implementation of structural reforms in key sectors, including agriculture and energy. On the downside, there are risks and uncertainties related to the path of the pandemic at home and abroad, the war in Ukraine, and the upcoming general elections in 2023.en
dc.identifierhttp://documents.worldbank.org/curated/en/099455109192219278/P177994009187f0f60ba8d0fe0eeb8b19ec
dc.identifier.doi10.1596/38080
dc.identifier.urihttps://hdl.handle.net/10986/38080
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectHUMAN CAPITAL
dc.subjectECONOMIC GROWTH
dc.subjectINCLUSIVE GROWTH
dc.subjectSUSTAINABILITY
dc.subjectFISCAL POLICY
dc.subjectPOVERTY REDUCTION
dc.titleLiberia Economic Updateen
dc.title.subtitleInvesting in Human Capital for Inclusive and Sustainable Growthen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleLiberia Economic Update
okr.date.disclosure2022-09-27
okr.date.doiregistration2025-05-07T08:55:22.168887Z
okr.date.lastmodified2022-09-19T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099455109192219278/P177994009187f0f60ba8d0fe0eeb8b19ec
okr.guid099455109192219278
okr.identifier.externaldocumentumP177994-09187f38-3048-45f6-ba8d-fe0eeb8b19ec
okr.identifier.internaldocumentum33900795
okr.identifier.report176149
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099455109192219278/pdf/P177994009187f0f60ba8d0fe0eeb8b19ec.pdfen
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.administrativeAfrica
okr.region.countryLiberia
okr.unitEFI-AFR2-MTI-MacroFiscal-2 (EAWM2)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
P177994009187f0f60ba8d0fe0eeb8b19ec.pdf
Size:
2.8 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
P177994009187f0f60ba8d0fe0eeb8b19ec.txt
Size:
234.04 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Economic Updates and Modeling