Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    CBL Moves to Boost Coin Circulation, Announces 1% Coin Disbursement Policy

    April 15, 2026

    LMA President, Former Commerce Minister Among Seven Indicted in US$1.8M Fund Scandal.

    April 15, 2026

    CSA Strengthens Public Sector Integrity with Nationwide NDA Compliance Drive

    April 15, 2026
    Facebook X (Twitter) Instagram
    • Business
    • Education
    • Entertainment
    • Information
    • Opinion
    Facebook X (Twitter) Instagram
    Independent Probe NewsIndependent Probe News
    Demo
    • Home
    • Editorial
    • Economy
    • News
      • International News
    • Sports
    • Politics
      1. Local
      2. International
      3. View All

      WHO Ambulance Donation Highlights Liberia  Maternal Health 

      April 2, 2026

      Liberia: Over Six Communities Accuse Bea Mountain Mining Company Of Polluting Their Water Sources Again

      March 4, 2026

      A Renewed Promise: Strengthening Liberia’s Health Future

      February 25, 2026
    • Government
    Independent Probe NewsIndependent Probe News
    Home»Development»GoL Submits US$45 Million Draft Supplementary Budget To Legislature

    GoL Submits US$45 Million Draft Supplementary Budget To Legislature

    Chester SmithBy Chester SmithApril 14, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Amos Harris 

     President Joseph Nyuma Boakai has submitted a US$45 million draft supplementary budget to the National Legislature, aimed at strengthening social spending, improving service delivery

    And supporting critical national priorities under the government’s ARREST Agenda for Inclusive Development (AAID). 

    The supplementary budget forms part of urgent fiscal matters already placed before lawmakers during the ongoing special legislative session. 

    The submission, made in fulfillment of Section 23.1 of the Amended and Restated Public Financial Management Law of 2009, seeks legislative approval to expand the current FY2026 national budget and accelerate interventions in key sectors affecting ordinary Liberians.

    The FY2026 Draft Supplementary Budget was formally presented on Monday to House Speaker Richard Nagbe Koon by Acting Finance and Development Planning Minister Anthony G. Myers, who represented Finance Minister Augustine Kpehe Ngafuan, currently leading a Liberian delegation to the World Bank and IMF Spring Meetings in Washington, D.C.

    According to Acting Minister Myers, the additional fiscal space is expected to come from US$40 million in delayed World Bank budget support originally intended for FY2025, along with US$5 million generated through domestic revenue over performance during the same fiscal year.

    He explained that the domestic revenue gains were made possible through stronger tax policy measures and improved tax administration, which helped offset the delayed external support.

    A major highlight of the proposal is the government’s renewed emphasis on people centered development, with more than 40 percent of the supplementary allocation US$19.3 million earmarked for health, education, and social development services.

    Under the proposal, the education sector will receive US$7.3 million to support teacher enrollment, expand school feeding initiatives and clear outstanding obligations owed to the West African Examinations Council. 

    The health sector is set to receive US$10.9 million, including funding for drug response programs and the acquisition of land for the construction of Liberia’s proposed National Children’s Hospital.

    Additionally, US$1.05 million has been allocated for social development services, aimed at improving community welfare programs and strengthening support systems for vulnerable citizens.

    The government is also prioritizing infrastructure and basic services, with US$7.2 million representing 15.9 percent of the supplementary budget set aside for that sector. 

    Of this amount, US$4.02 million will support the technical preparation and deployment of the government’s “yellow machines” road initiative, which is expected to boost road connectivity and public works across the country.

    Beyond social and infrastructure spending, the proposal allocates US$18.5 million to other national priorities, including US$5.1 million for security and rule of law programs to help the government respond to emerging security challenges.

    “This budget reflects a deliberate policy shift by this administration toward strengthening social protection systems, enhancing access to essential services, and investing in infrastructure that supports inclusive growth,” Acting Minister Myers said.

    In response, Speaker Koon praised President Boakai and the technical team at the Ministry of Finance for what he described as a forward-looking and socially responsive budget intervention.

    He specifically lauded allocations for the National Children’s Hospital land acquisition and support for transportation services at the University of Liberia, describing them as important steps toward improving access to education and healthcare.

    If approved by lawmakers, Liberia’s FY2026 national budget will rise from US$1.249 billion to US$1.294 billion, representing a 3.6 percent increase. 

    The adjustment would also mark a 47 percent year-on-year growth, equivalent to approximately US$414 million more than the previous fiscal year, signaling the administration’s aggressive push for expanded development financing.

    The supplementary budget is expected to be a key item of debate as lawmakers continue deliberations during the special session convened by President Boakai to address urgent economic and governance issues. 

    Share this:

    • Share on Facebook (Opens in new window) Facebook
    • Share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Chester Smith
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    Related Posts

    CSA Strengthens Public Sector Integrity with Nationwide NDA Compliance Drive

    April 15, 2026

    Liberia’s Public Works Minister Participates in World Bank Spring Meetings, Advances National Road Development Agenda

    April 14, 2026

    Bo Waterside Lights Up: LEC Brings First Streetlights to Liberia-Sierra Leone Border Town

    April 14, 2026

    Comments are closed.

    Demo
    Don't Miss

    CBL Moves to Boost Coin Circulation, Announces 1% Coin Disbursement Policy

    Business April 15, 2026

    The Central Bank of Liberia (CBL) has taken a significant step toward strengthening the circulation…

    Share this:

    • Share on Facebook (Opens in new window) Facebook
    • Share on X (Opens in new window) X

    Like this:

    Like Loading...

    LMA President, Former Commerce Minister Among Seven Indicted in US$1.8M Fund Scandal.

    April 15, 2026

    CSA Strengthens Public Sector Integrity with Nationwide NDA Compliance Drive

    April 15, 2026

    Gov’t  Defends New Banknote Printing

    April 14, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Our Picks

    CBL Moves to Boost Coin Circulation, Announces 1% Coin Disbursement Policy

    April 15, 2026

    LMA President, Former Commerce Minister Among Seven Indicted in US$1.8M Fund Scandal.

    April 15, 2026

    CSA Strengthens Public Sector Integrity with Nationwide NDA Compliance Drive

    April 15, 2026

    Gov’t  Defends New Banknote Printing

    April 14, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    Welcome to Independent Probe News. We brings you all the latest happening in Liberia, Africa and the World at large.

    Email: independentprobelib2014@gmail.com
    Contact: +231 88 690 2569

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    CBL Moves to Boost Coin Circulation, Announces 1% Coin Disbursement Policy

    April 15, 2026

    LMA President, Former Commerce Minister Among Seven Indicted in US$1.8M Fund Scandal.

    April 15, 2026

    CSA Strengthens Public Sector Integrity with Nationwide NDA Compliance Drive

    April 15, 2026
    © 2026 Independent Probe News. Designed by Austine Newman.
    • Development
    • Government
    • Judiciary
    • Legislature
    • Rule of Law

    Type above and press Enter to search. Press Esc to cancel.

    %d