Liberia Proposes 1.539 Billion Dollar Budget for 2027
Finance Minister Augustine Kpehe Ngafuan unveiled a US$1.539 billion draft budget prioritizing healthcare, education, and the recruitment of 17,000 public workers.
Finance and Development Planning Minister Augustine Kpehe Ngafuan unveiled a proposed US$1.539 billion national budget for Fiscal Year 2027 on November 9, 2026. The draft represents an 18 percent increase over the 2026 budget, with primary allocations directed toward education at US$163.55 million and healthcare at US$135.83 million.
The plan focuses on public-sector reforms, including salary adjustments and the recruitment of over 17,000 public workers, such as teachers, police officers, and health workers. Additionally, the proposal seeks to recruit 1,400 young Liberians into the security forces. To manage logistics, the budget allows spending entities to use 25 percent of vehicle allocations for used vehicles.
Domestic resources are expected to fund approximately 94 percent of the budget, totaling US$1.447 billion. This follows a milestone where domestic revenue exceeded US$1 billion by September 2026. Despite this growth, debt obligations are projected to rise to US$275.5 million. The proposal also introduces a transition to a Value Added Tax (VAT) system.
Ngafuan noted that the allocations remain subject to the legislative process, stating, "This is a draft budget. It is before the Legislature for scrutiny, public hearings, and approval." The proposal now awaits review by the House of Representatives.
