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.