Capitol Hill, Monrovia – At long last, President George Weah, through the Ministry of Finance and Development Planning (MFDP), has submitted the draft national budget in the tune of US$785,587,340 for fiscal year 2022. Despite a month-long delay in the submission of the budget, President Weah, in a communication accompanying the budget, called on the Legislature to pass it in time owing to the ‘significant’ programs earmarked to be funded during the impending fiscal year. He added that social services which is basically about development interventions, will see a “massive” climb of 174.7 percent, equivalent to 26.3 million dollars. However, President Weah, in a communication to the Legislature at the beginning of this month, requested for an additional eleven days before submitting the budget. Budget SummaryIn his communication, President Weah said of the total revenue envelop of US$785,587,340, external resources total US$145 million.

Source: Front Page Africa November 19, 2021 21:11 UTC