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Liberia’s debt hit $2.69 billion, or 58.9% of GDP, straining public services and demanding fiscal reforms.
Liberia’s public debt has risen to $2.69 billion, or 58.9% of GDP, with external debt at $1.62 billion and domestic debt at $1.07 billion, driven by borrowing to cover budget gaps.
This reliance on debt limits investment in critical sectors like infrastructure, education, and healthcare.
While short-term borrowing can support fiscal stability and investor confidence, long-term economic resilience requires a strategic revenue plan, reduced spending inefficiencies, and transparent fiscal policies.
The Central Bank’s move to a market-determined exchange rate aims to stabilize the currency and improve economic outlook.
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La deuda de Liberia alcanzó los 2,69 mil millones de dólares, o el 58,9% del PIB, lo que tensó los servicios públicos y exigió reformas fiscales.