Liberia: Pres. Boakai Requests One-Week Delay for 2027 Budget Submission

What the report says

President Joseph Nyuma Boakai has asked Liberia’s Legislature to accept the draft fiscal 2027 budget one week later than usual, on Nov. 6, according to a communication read during Thursday’s plenary session in Monrovia. The request was directed to House Speaker Richard Nagbe Koon and reflects an appeal for more time to complete the budget process.

In the letter, Boakai said the Finance Ministry indicated it could meet the statutory deadline under the Public Financial Management Law, but that doing so could limit the quality of the revenue forecast and reduce the government’s ability to make efficient spending choices. The president said the extra week would allow officials to refine revenue estimates and better align spending with national priorities.

Boakai framed the delay as part of an effort to present lawmakers with a more credible and comprehensive fiscal plan. The House noted the communication but did not vote on the request during the session.

The article also places the request against a broader fiscal context: Boakai recently said domestic revenue is projected to reach US$1.1 billion this year, up from US$699 million in 2024. In Liberia’s budget process, the Legislature reviews and approves the draft before it takes effect, so the timing of submission can affect the pace of final budget approval.