Liberia: CBL Acknowledges 1 Percent Drop in Growth Rate, Expresses Optimism of Exceeding 2025 Projection Amid Boost in Key Sectors

Monrovia — The Central Bank of Liberia (CBL) has acknowledged a one-percent drop in Liberia’s economic growth rate, aligning with recent projections from the International Monetary Fund (IMF). However, the Bank remains optimistic that the nation’s economy will surpass the IMF’s revised growth target for 2025, buoyed by strong performance in key productive sectors.

The IMF had recently downgraded Liberia’s 2025 growth forecast from 5.6 percent to 4.6 percent, citing persistent structural…