By Edwin N. Khakie
Monrovia, Liberia – November 11, 2025: Finance and Improvement Planning Minister Augustine Kpehe Ngafuan has been defending the newly offered US$1.21 billion 2026 draft Nationwide Price range, saying that it’s designed to speed up Liberia’s growth agenda.
Unveiling the FY2026 Draft Nationwide Price range on the MICAT common press briefing on Monday, November 10, Minister Ngafuan gave an in depth overview of the price range, highlighting key sectors, strategic initiatives, and monetary insurance policies designed to speed up Liberia’s growth agenda.
He emphasised the resilience of the plan, noting: “With out Mittal’s 200 million, the price range would nonetheless be round 1 billion.”
Ngafuan reassured Liberians that fiscal stability stays central to the federal government’s monetary administration. “There was no price range shortfall final 12 months and there will probably be no shortfall this 12 months,” he declared, attributing this stability to strengthened income assortment, disciplined expenditure administration, and ongoing reforms to spice up home assets.
The FY2026 price range is structured to drive development and growth throughout essential sectors, with a concentrate on:
Infrastructure Improvement: Upgrading highway networks and enhancing nationwide connectivity, Well being and Schooling: Revitalizing sector efficiency to enhance service supply,
Agriculture and Rural Improvement: Supporting meals safety and rural livelihoods, Safety Sector Strengthening: Making certain security and stability for all residents
Youth Empowerment and Job Creation: Selling expertise growth and employment alternatives
These initiatives align with the federal government’s ARREST agenda, which goals to enhance livelihoods, increase productiveness, and drive inclusive financial development, he mentioned.
The finance minister projected that the FY2026 price range will reinforce macroeconomic stability and stimulate development. Early indicators of progress embrace stronger income efficiency, elevated investor confidence, and improved predictability in authorities spending.
“Too many good issues are occurring, and the price range will ship quite a lot of issues subsequent 12 months,” Ngafuan mentioned, describing the fiscal plan as each formidable and sensible.
He confused that the federal government stays dedicated to sustaining stability within the trade fee, controlling inflation, and fostering an atmosphere conducive to enterprise and funding.
Reaffirming the administration’s dedication to accountability, Ngafuan inspired residents and stakeholders to assessment the price range as soon as tabled within the Nationwide Legislature, emphasizing the significance of public participation in shaping Liberia’s future.
The FY2026 Draft Nationwide Price range is predicted to be submitted to the Legislature for scrutiny, debate, and approval within the coming days, with implementation scheduled to start on January 1, 2026.
The briefing underscores the federal government’s confidence in its fiscal route, highlighting its dedication to stability, transparency, and impactful growth. With a US$1.2 billion price range and well-defined priorities, the administration goals to ship tangible enhancements throughout Liberia, marking FY2026 as a 12 months of daring, significant progress for all residents.- Edited by Othello B. Garblah.
