IMF Rebuffs ‘Plan Truth’ Story



Monrovia, Liberia

Distributed by

The Perspective
Atlanta, Georgia

Posted November 11, 2006


The International Monetary Fund (IMF) Resident Representative to Liberia, Michael A. Tharkur, has sharply reacted to the October 23, 2006 Plain Truth newspaper story captioned: “Government Stinks with Corruption,” of which the paper allegedly quoted “credible source working with the International Monetary Fund.”

In a communication addressed to the Plain Truth Management, a copy of which is in the possession of The FORUM, the IMF Resident Representative said, “I wish to state categorically that the views allegedly expressed by your source of information, most certainly do not represent those of the IMF. The Fund has no evidence of fraudulent expenditures by the government during June or July 2006.”

“The IMF’s Executive Board, in its meeting on October 2, concluded that the Liberian Government has made considerable progress implementing its economic program, which is monitored by IMF staff, and that financial management has been significantly strengthened since the government took office. This is with strict adherence to a system designed to ensure that expenditures do not exceed available revenues,” an IMF communication further noted.

“We share the commitment to accountability and transparency referred to in your article, and accordingly request that in the future, you consult with our office to determine the IMF’s views on Liberia. Your readers deserve the “Plain truth,” according to IMF Resident Representative.
© 2006: This article is copyrighted by the Forum newspaper (Monrovia, Liberia) and distributed by The Perspective (Atlanta, Georgia). All rights reserved. Forum can reached at: