(Reuters) - Liberia's economic growth, already motoring at nearly 8 percent thanks to reconstruction after a civil war, will surge above 11 percent on average in the coming five years, the International Monetary Fund said.
In a statement released late on Monday, an IMF team which visited earlier this month said however the West African country could not sustain its huge foreign debt, which totals nearly $4 billion, and needed comprehensive debt relief.
Read more at Reuters Africa
No comments:
Post a Comment