Liberia: How the Political Elites Consumed Liberia's 2026 Spending Plan

Liberia: How the Political Elites Consumed Liberia's 2026 Spending Plan

Monrovia -- The Liberian government's 2026 draft national budget, projected at a record-breaking US$1.2 billion, is being hailed by officials as a landmark for economic growth and fiscal expansion. Yet beneath the glossy numbers lies a troubling narrative, one in which ordinary Liberians struggle under rising costs while political elites appear to reap the lion's share of the nation's wealth.

US$1.2 bn Budget prioritizes Gov't operations over development - Liberia news The New Dawn Liberia, premier resource for latest news

By Stephen G. Fellajuah The 2026 draft Fiscal Budget, in the tune of US$1.21 billion, appears to prioritize recurrent expenditures over President Boakai’s development agenda, with 76.83% earmarked for government spending, while a meager sum of little over 280.3 million is allocated to development. Monrovia, November 10, 2025: The Boakai administration’s Fiscal Year (FY) 2026 National Budget, totaling US$1.21 billion, allocates a dominant US$929.…