Liberia: Draft Budget 2025: Emphasis on Recurrent Expenditure with Neglected Capital Investment

By Seltue Karweaye

In fiscal year 2025, President Joseph Boakai has proposed a budget totaling $851.8 million. A significant portion of this budget, specifically $745.69 million, is allocated for recurrent expenditures, making up 87.5% of the overall budget. This proposal represents the first full annual financial plan under his administration. 

The majority allocation reflects the government’s focus on ongoing operational costs, including salaries and essential services. However, this…