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This book examines how the economic survival strategies of former fighters in Liberia can help explain the trajectories of war-to-peace transitions.
This collection of essays explores years of conflict and violence in Liberia during the First and Second Liberian Civil Wars and the acts of genocide and crimes against humanity that have resulted. Personal narratives include the story of a Liberian woman who remembers fleeing Liberia as a refugee, a Liberian woman who recalls being a rebel soldier, and Liberians in Minnesota who tell stories of abuse and torture.
Liberia has begun the long process of recovery and rehabilitation after the civil war. The government should expand its focus from near-term relief and reconstruction to a more comprehensive reconstruction and economic reform program. The government remains committed to its economic and financial program monitored by IMF staff. The continuation of an appropriately restrained monetary stance, supported by a tight fiscal position, is important to build confidence in both the central bank and the new currency, and should allow for a gradual increase in international reserves.
This paper presents Liberia’s Request for Disbursement Under the Rapid Credit Facility. The economic impact of the pandemic is hitting the poorest with little social safety net, and food security of those relying on uncertain daily income is a pressing concern. The authorities have responded by taking revenue and expenditure measures to support emergency food aid for the poor; improving monitoring and control of spending; and safeguarding scarce foreign exchange reserves. Preliminary data suggest that performance under the Extended Credit Facility-supported program has been weak, though the authorities are fully committed to address the weaknesses. In order to address the shortage of Liberian dollars and the growing need for more US dollar liquidity, the authorities have contracted the printing of additional Liberian dollar bank notes and are formulating measures for inclusion in the FY2021 budget to augment US dollar liquidity.