Liberia projects $1.54 billion in revenue for 2027
By the AFREEQUE newsroom, based on The Liberian Investigator
Liberia’s government projects $1.54 billion in revenue for the 2027 national budget, about 23% more than the record budget adopted this year. Minister Augustine Kpehe Ngafuan submitted the draft to Parliament on Friday, with lawmakers set to review it, according to The Liberian Investigator.
The government of Liberian President Joseph Nyuma Boakai projects $1.54 billion in revenue for the 2027 national budget, about 23% more than the record budget approved by lawmakers for 2026. Finance and Development Planning Minister Augustine Kpehe Ngafuan handed the draft to the Speaker of the House of Representatives, Richard Nagbe Koon, at the Capitol in Monrovia on Friday, according to The Liberian Investigator.
The projected amount exceeds the $1.21 billion draft budget presented for 2026 and the roughly $1.25 billion budget adopted in December 2025, the first Liberian budget to exceed the $1 billion threshold. Richard Nagbe Koon promised that lawmakers would review the document within the deadline and called for increased allocations for health and education, according to The Liberian Investigator.
The submission came six days after the legal deadline for transmitting the budget expired on 31 October. President Joseph Boakai had requested additional time on 30 October to allow the Ministry of Finance and Development Planning to refine revenue forecasts and review the allocation of funds. The draft must now be examined by legislative committees before votes in both chambers and is due to take effect on 1 January, according to The Liberian Investigator.
