Liberia: Recurrent Expenditure Tops Liberia’s 785 Million 2022 Budget

November 25, 2021 | News Source: AllAfrica News: Economy, Business and Finance
[New Dawn] Despite a month-long delay in the submission of the 2021/2022 draft budget to the National Legislature, the draft budget was officially submitted by the Executive on Thursday, November 18, 2021. In his communication, President Weah said of the total revenue envelop of US$785,587,340, external resources total US$145 million. Out of the total budget, the recurrent component of expenditure is US$643,207,340, while the total cost of the Public Sector Investment project is projected at US$142,380,000.

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