House Passes FY 2024 Budget at $738m -As Speaker Koffa lauds Ministries and Agencies

MONROVIA:  The Honorable House of Representatives (HOR), has approved the fiscal year 2024 National Budget in the tune of US$ US$738,859,827.

Members of the House of Representatives for the first time voted by roll call to approve the budget.

The passage of the budget followed a rigorous budget debate on Thursday, April 25, 2024, by members of the House of Representatives.

The debate preceded a report from the joint Ways, Means and Finance and Public Accounts committee of the House and the Liberian Senate respectively.

A statement issued by the House Press Bureau says, the budget, submitted at US$692,408,827 witnessed an increment of US$46,451,000.00.

The increment later benefited the following sectors: Transparency and Accountability, Security and Rule of Law, Health, Education and Agriculture.

Meanwhile, House Speaker, Cllr. J. Fonati Koffa, has lauded the cooperation of lines Ministries and Agencies of Government for collaboration during the revenue and expenditure hearings including the joint legislative committee for thoroughly scrutinizing the budget.

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