government in February 2020 and the appointment of state governors in June 2020, the national parliament was sworn into office in August 2021. The humanitarian situation remains dire, with about 60 percent of the population facing high levels of acute food insecurity. SMP review . The review focused on reforms aimed at sustaining the recent gains in macroeconomic stability and exchange rate unification and continuing governance reforms. Performance under the SMP has been broadly satisfactory. The economic reforms implemented under the SMP, supported by the RCF
Development Goals 11. Poverty and Extreme Poverty 12. Doing Business Indicators, 2013–14 TABLES 1. Selected Economic Indicators, 2011–19 2. Balance of Payments, 2011–19 3. Central Government Operations, 2011–19 4. Central Government Operations (GFSM 2001 Classification), 2011–19 5. Integrated Balance Sheet, 2011–19 6. Monetary Survey, 2011–19 7. Risk Assessment Matrix 1 8. Financial Soundness Indicators, December 2009–March 2014 1 9. Quantitative Targets under the Staff-Monitored Program 10. Status of Structural Benchmarks for 1st and 2nd SMP
depreciation against the dollar recorded for the year ending May 2007. Meanwhile, a new, more comprehensive and representative CPI basket has been adopted since the last SMP review. This new data shows a declining inflation trend for the country-wide basket. Inflation dropped to 11 percent in May 2007 from 12 percent in January under the new CPI. Performance Under the Staff Monitored Program 2. In spite of the sizable pressure from the challenges the Authorities face, Liberia’s performance under the SMP has remained broadly satisfactory. Since the last SMP review in