After 15 years of civil war and misrule, Liberia had become the most heavily indebted country in the world. Now, after four years of intensive work, this burden has been lifted: the IMF, World Bank and other foreign creditors are moving to enact comprehensive debt relief for Liberia. Liberia has reached this point in record time. Does this experience offer lessons for international debt workouts? What are the implications for Liberia's own growth and poverty reduction?
On June 30, 2010, The Center for Global Development hosted an event, Liberia: Life After Debt featuring Augustine Ngafuan, Liberia's Minister of Finance; Amara Konneh, Liberia's Minister of Planning and Economic Affairs; and John Lipsky, First Deputy Managing Director at the International Monetary Fund. CGD research fellow Ben Leo moderated the discussion and CGD Vice President of Corporate Affairs, and Senior Fellow, Todd Moss provided introductory remarks.
On June 30, 2010, The Center for Global Development hosted an event, Liberia: Life After Debt featuring Augustine Ngafuan, Liberia's Minister of Finance; Amara Konneh, Liberia's Minister of Planning and Economic Affairs; and John Lipsky, First Deputy Managing Director at the International Monetary Fund. CGD research fellow Ben Leo moderated the discussion and CGD Vice President of Corporate Affairs, and Senior Fellow, Todd Moss provided introductory remarks.
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