Liberia proposes a 2027 budget of $1.539 billion
By the AFREEQUE newsroom, based on The New Dawn
Liberia’s House of Representatives has begun examining the 2027 budget proposed by President Joseph Boakai, totalling $1.539 billion. Domestic revenue would reach $1.447 billion, or 94% of the total, against $92 million in external resources. Lawmakers are calling for the restoration of benefits for public servants affected by the salary harmonisation, according to The New Dawn.
Liberia’s House of Representatives has begun examining the draft 2027 national budget, worth $1.539 billion, proposed by President Joseph Nyuma Boakai. The text, submitted to the Legislature on 6 November 2026, covers the period from 1 January to 31 December 2027. During the session on Tuesday 10 November, Representative Marvin Cole, who represents Bong County District 3, moved that the budget be received and referred to the relevant committees.
Lawmakers raised the issue of salary disparities and the restoration of benefits for public servants affected by the earlier salary harmonisation exercise.
According to President Boakai, domestic revenue is projected at $1.447 billion, or 94% of the budget, and external resources at $92 million, or 6%. He cites an 18% increase in total resources and a 39% increase in domestic revenue compared with the previous fiscal year. The head of state says the country collected more than $1 billion in domestic revenue by the end of September 2026, a first in a calendar year, which he attributes to better tax administration, digitalisation and budget discipline.
The budget must still be reviewed and approved by the Legislature before becoming law. It follows the forecast of $1.07 billion in taxes in 2027, published on 10 November.
