Liberia: Public Investment Management Assessment (PIMA) Update and Climate PIMA

Liberia is at a pivotal stage in its post-conflict recovery, where infrastructure investment is crucial for economic growth and stability. The IMF's Fiscal Affairs Department conducted a Public Investment Management Assessment (PIMA) Update and Climate PIMA to evaluate Liberia's public investment management institutions and their climate resilience. The assessment found modest improvements in public investment institutions since 2016, with relative strengths in planning but weaknesses in implementation of investment projects. Recommendations include enhancing project scrutiny, strengthening PPP oversight, and integrating climate considerations into investment planning. These actions aim to improve infrastructure governance, boost economic resilience, and address climate vulnerabilities.