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Liberia targets $1.5B budget with new revenue strategy

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The Liberia Revenue Authority has launched a bold plan to raise the national budget from $880.7 million to $1.5 billion.

The move aims to strengthen domestic revenue generation and reduce dependency on external funding. Currently, about 70% of Liberia’s budget is sourced locally.

Information Minister Jerolinmek Piah noted that $36.53 million will be required over five years to implement the strategy.

The government sees this as a major step toward achieving financial stability and supporting key national development goals.

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Liberia targets $1.5B budget with new revenue strategy

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