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 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.
Finance Minister Augustine Kpehe Ngafuan presented the draft 2027 budget of 1.539 billion dollars, which provides for salary adjustments for more than 17,000 public employees. Institutions' funding requests total about 3 billion dollars, while debt obligations rise to 275.5 million dollars.
Liberia projects $1.07 billion in tax revenue in 2027, a 26.5% rise on the estimate of $847.5 million for 2026. This increase is meant to offset the decline in exceptional mining revenue, according to the draft national budget sent to the Legislature.
The Liberian government projects $1.54 billion in revenue for the 2027 national budget, about 23% more than the record budget adopted this year. Finance Minister Augustine Kpehe Ngafuan submitted the draft to Parliament on Friday, with lawmakers set to review it, according to The Liberian Investigator.