HomeAbout LiberiaFinance Minister Ngafuan Gives Breakdown of Liberia’s 2026 Draft Nat’l Budget

Finance Minister Ngafuan Gives Breakdown of Liberia’s 2026 Draft Nat’l Budget

MONROVIA, LIBERIA-Liberia’s Finance Minister Augustine Ngafuan has given a full breakdown of the country’s 2026 Draft National Budget.

Minister Ngafuan said,” The budget, which has already been submitted to the National Legislature in the tune of over 1.2 billion USD.

According to him, the 2026 Draft National Budget is primarily focused on infrastructure development, security, energy, health, and education, among others.

He disclosed that the budget witnessed 1.3 million domestic revenue, or 94% target for projection.

Minister Ngafuan further disclosed that the 133 million USD has been allocated towards road construction, equipment procurement, and regional connectivity.

151 million USD towards security, prioritizing justice services, national safety, and prison development.

As for education, 78.2 million has been allocated, representing a 30% increase from 2025, to bolster infrastructure, curriculum development, and institutional capacity.

The 2026 Draft National Budget, at the same time, emphasizes revenue generation, debt servicing, and governance reforms.

Finance Minister Augustine Ngafuan disclosed on Monday, November 10, 2025, at a Special Press Briefing at the Ministry of Information, Culture Affairs and Tourism (MICAT).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot this week

Nat’l Fisheries and Aquaculture Authority, World Bank Break Ground for Nat’l Fisheries Complex Construction

MONROVIA, LIBERIA-The National Fisheries and Aquaculture Authority (NaFAA) and...

Central Bank of Liberia Says Printing Extra Banknotes is Critical…

MONROVIA, LIBERIA-The Central Bank of Liberia (CBL) says the...

Gov. of Liberia Unveils 3 Critical Policy Documents…

MONROVIA, LIBERIA-The Liberian Government has launched three critical policy...

Pres. Boakai Writes House of Rep. to Hold Special Session

MONROVIA, LIBERIA-President Joseph Boakai has written the House of...

Gov. of Liberia Set to Launch Preparedness Plan for Food and Nutrition Security Crises

MONROVIA, LIBERIA-The Liberian Government is set to launch the...

Related Articles

Popular Categories