Finance and Development Planning Minister Augustine Kpehe Ngafuan has formally submitted President Joseph Nyuma Boakai’s proposed Fiscal Year 2027 National Budget to Liberia’s 55th National Legislature. The budget totals US$1.538 billion and is aimed at boosting key public services and infrastructure across the country.
According to the draft, the government plans to increase spending in several priority areas. Healthcare, education and youth empowerment are highlighted as major investment sectors, with additional funds earmarked for public sector compensation and critical infrastructure projects.
Ngafuan said the budget reflects the administration’s commitment to improving living standards and supporting economic growth. The allocations are intended to strengthen Liberia’s social safety net and create opportunities for young people.
The proposal will be debated by lawmakers before approval, with the aim of ensuring that the fiscal plan aligns with national development goals for the upcoming year.
<small>Source: AllAfrica — read the original story there.</small>
