MONROVIA, LIBERIA-The Executive Board of the IMF has endorsed Liberia’s reform trajectory and policy direction.

The Deputy Director of the IMF, Bo Li, wants Liberia to sustain this positive momentum by focusing on key priorities to unlock long-term concessional financing under the Resilience and Sustainability Facility.

According to LI, such an endeavor will reduce Liberia’s debt vulnerabilities, strengthen the Banking Sector, rebuild external buffers, and promote sustainable and inclusive growth, when achieved.

In a release from the Ministry of Finance on Friday, October 17, 2025, the IMF Deputy Director praised the Government of Liberia for its performance amid global economic headwinds, while recognizing the sound policies and technical guidance in rebuilding macroeconomic stability.

He pledged the IMF’s commitment to deepening collaboration with Liberia, as the country continues to advance its reform agenda and build a more resilient and inclusive economy.

Meanwhile, the Government of Liberia is commending the IMF for its steadfast partnership and continued support to Liberia’s reform journey.

The Minister of Finance, Augustine Ngafuan, thanked the IMF for its technical assistance, emphasizing that Liberia is fully committed to implementing reforms that promote macroeconomic stability, fiscal discipline, and inclusive growth.

Minister Ngafuan reassured the government’s commitment to its economic reform program, despite difficult policy reversals by some partners.

At the same time, the Governor of the Central Bank of Liberia (CBL), Henry Saamoi, said,” The government remains firm in maintaining macroeconomic stability through close coordination between fiscal and monetary authorities”.

The CBL Governor said such collaboration is critical I moving the country forward through the management of inflation, while stabilizing the exchange rate, and rebuilding confidence in the Liberian economy.