2025 National Budget Passed At $880M

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The House Representatives has passed the 2025 Draft National Budget in the tune of 880 million United States Dollars. Plenary took the decision Friday, December 20, 2024 during the 2nd day sitting in the extension of the 3rd quarter following a comprehensive report from the joint committee on Ways, Means and Finance and Public Accounts and Expenditure. It can be recalled the draft 2025 budget was submitted at a little over $USD 851Million, an increase of $112,875,039 compared to FY2024 Approved Budget of $738,859,834. Over US$878 million had been earmarked in the draft budget. This included US$1.8 million for renovations of the Joint Chamber at the Capitol Building, which was severely damaged by a fire on December 18. The cause of the fire remains under investigation. Following an inclusive budget debate, with lawmakers given time to speak on the Country’s National Development Envelop a motion was proffered by Nimba County Electoral District 4 Representative, Ernest Manseah for the passage of the 2025 National budget and immediately forwarded to the Liberian Senate for concurrence.

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