Monrovia, Liberia – An extensive technical study of revenue production for the Fiscal Year (FY) 2026 Draft National Budget has been conducted by the Liberia Revenue Authority (LRA) and the Ministry of Finance and Development Planning (MFDP).
The “deep dive” process brings together technical specialists from the MFDP and LRA to thoroughly evaluate revenue performance, test estimates, and improve strategy, according to a Friday, October 3, 2025, MFDP release.
The objective of the “deep dive,” according to Liberia’s Finance Minister Augustine Kpehe Ngafuan, who spoke at the meeting, was to make sure that the FY 2026 Draft Budget is not only sustainable but also completely in line with the priorities of the ARREST Agenda for Inclusive Development and the expectations of Liberians.
He praised the LRA’s Commissioner General and his staff, as well as everyone else who helps the nation generate income. Minister Ngafuan emphasized the significant duty placed on public employees in creating a national budget that will have a direct impact on millions of people’s quality of life.
“The reward for doing well is the burden of expectation of doing more.”
The Liberian people demand government authorities to do more, he told the LRA boss, adding that they must maintain their concentration and not get distracted by criticism.
Ngafuan, “We must remember that our acts and inactions affect more than five million individuals throughout these technical weeks of budget forecasts. It is an honor to be in this room, and we have a duty to act for the citizens of all 15 counties.”
Speaking as well, LRA Commissioner General James Dorbor Jallah praised the MFDP and LRA’s solid collaboration and recognized both institutions’ shared accountability for a successful domestic revenue mobilization.
“We must first express our gratitude to the MFDP leadership for their role in achieving our targets. While fully financing the AAID has had challenges in the past two years, this deep dive allows us to reassess the numbers and share proposals that will strengthen our revenue outlook.”
The procedure is not just about statistics, Commissioner Jallah continued, but also about ensuring that income estimates are acceptable and that the government has the financial capacity to meet its obligations.
He praised the LRA staff for their persistence and commitment in making sure that legitimate income is raised in order to promote Liberia’s development goals.
Reviewing government income, comparing actual collections with targets, modifying estimates in light of economic changes, and talking about tax policies, compliance strategies, and methods to increase the tax base were the main topics of the in-depth sessions held in Monrovia.
