Rédaction Africa Links 24 with Wilson
Published on 2024-04-08 06:14:14
The Legislative Budget Office (LBO) of the 55th Legislature has announced that the maiden Fiscal Year 2024 National Budget will undergo a thorough critique starting today. This follows the successful approval of President Joseph Nyuma Boakai’s recast Budget “to pay salaries” almost a month ago. Lawmakers will scrutinize different allocations to ensure that the national budget aligns with the needs of the country and its citizens.
According to a press release, the budget hearings are scheduled to begin on Monday, April 8, 2024, at 9:00 am. The Ministry of Finance and Development Planning, Board of Tax Appeals, Liberia Revenue Authority (LRA), National Port Authority, and the Ministry of Mines & Energy will be the first to present before the joint Legislative Committee on Ways, Means, and Finance. The proceedings will be chaired by Rep. Dixon Wlawlee Seboe, the Joint Committee Chair.
The second day of the hearings, scheduled for Tuesday, April 9, 2024, will feature presentations from six key agencies, including the Liberia Maritime Authority, Liberia Telecommunication Authority (LTA), National Fisheries and Aquaculture Authority (NAFAA), Forestry Development Authority (FDA), and the Ministry of Transport.
On Wednesday, April 10, 2024, another group of government agencies will take the spotlight. The Ministry of Commerce & Industry/Liberia Business Registry, Ministry of Foreign Affairs, Ministry of Justice, Liberia Immigration Services (LIS), Liberia National Police, Liberia Petroleum Refining Corporation (LPRC), Liberia Petroleum Regulatory Authority, and the National Road Fund are among the agencies expected to present.
Day four of the hearings will see presentations from the Ministry of Public Works (MPW), Ministry of Internal Affairs (MIA), and the Ministry of Post & Telecommunications (MPT). All presentations will be led by heads of institutions, with team and sector head ministries present to facilitate presentations by sector members, as emphasized in the House’s Press and Public Affairs release quoting the LBO.
As the budget hearings commence, lawmakers will closely examine the allocations in the Fiscal Year 2024 National Budget to ensure that the financial instrument meets the needs of the country and its citizens. The critical evaluation of the budget is essential to guarantee that the allocated funds are directed towards initiatives that will lead to positive change and improvement in the lives of the people. The thorough critiquing process will provide insights into the budget’s alignment with the national priorities and objectives, setting the stage for productive discussions and decision-making in the legislative process.
Read the original article on New Republic Liberia
