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

WASH Advocate Hails Pres. Boakai for Presidential Clean Cities Initiative

One of Liberia’s leading Water, Sanitation, and Hygiene (WASH)...

Pres. Boakai Recommits to Democratic Governance, Peace, Security

MONROVIA, LIBERIA-President Joseph Boakai has reiterated the Government of...

Labor Ministry Launches ‘Special Alien Permits Verification Exercise’

MONROVIA, LIBERIA-The Ministry of Labor has launched a ‘Special...

Edu. Minister Dr. Jallah Challenges 14 Agriculture Teachers to Study in Ghana

MONROVIA, LIBERIA-Education Minister, Dr. Jarso Jallah, has challenged fourteen...

Nat’l Commission on Arms Calls for Arms Registration Before April 2027

MONROVIA, LIBERIA-The Liberia National Commission on Arms is calling...

Related Articles

Popular Categories