Liberia: IMF Fails Liberia - Take Action Now

The brutal regime of Samuel Doe ran up much of Liberia's illegitimate debt, with no benefit to the people of Liberia. Today, Liberia has a $4.5 billion debt to the International Monetary Fund (IMF), World Bank and other creditors. During the years of civil war, Liberia failed to make its scheduled payments, resulting in huge arrears, which the IMF insists must be cleared before Liberia can enter the debt cancellation process.