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Friday, 29 May 2026
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IMF·Trade & Economy·Climate

IMF approves $266 million deal to bolster Liberia's economic resilience

Wednesday, 29 April 2026, 07:00 · 1 min read

The International Monetary Fund has approved a $266 million, 21-month financing arrangement for Liberia under its Resilience and Sustainability Facility, designed to help the West African nation guard against climate-related economic shocks. Separately, the IMF completed the third review of Liberia's Extended Credit Facility, releasing an immediate disbursement of $26.49 million and bringing total payouts under that programme to nearly $106 million. Liberia's economy grew 5.1% in 2024, driven largely by mining, though the Fund cautioned that high oil prices and declining bilateral aid remain risks, and called on the government to raise domestic revenues, reform weak banks, and address governance challenges.

Sources
AfricanewsIMF approves new $266 million funding deal for Liberia ↗︎
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