By Fiona Benson
The House Joint Committee on Ways, Means and Finance, has begun legislative hearing on the Expenditure Component of Fiscal Year 2026 Draft National Budge.
The ministries of Finance and Development Planning, Foreign Affairs, Liberia Revenue Authority, and Food Assistance Authority, are the first institutions making the start of the review process.
Through the coming weeks, other ministries and agencies are expected to appear before the House Joint Committee to justify their proposed spending for the upcoming FY 2026.
At the opening of the hearing, Maryland County District #1 Representatives and chair on the committee, P. Mike Jurry, described the draft 2026 national budget as a symbol of resilience, ambition, and the relentless spirit of the Liberian people.
Rep. Jurry recounted that the rise of US$1.2 billion to US$1.211 billion in the draft Budget is unprecedented in the country’s history.
“This is more than a number, it is a statement of intent, a testament to Liberia growing capacity to shape its own destiny…”
Jurry also said with the rise in the budget from US$800 million to US$1.2 billion, citing that it is the first time, and as such, the reflection of the budget should cut across every sector as to enable citizens feel the impact.
Jurry also threatened budget cuts for ministries and agencies, who will refuse to appear before the committee to defend the budget.
The Joint Committee includes Public Accounts and Expenditure.
Last week, the Joint Committee, concluded hearing on the revenue component and submitted its preliminary report to the House Plenary.
Comments are closed.