Monrovia – A local civil society group, Action for Liberia’s Development (ALiD), says it is deeply concerned by the persistent delays in the submission of the country’s financial instrument – the national budget. Since its delayed submission, hearing on the draft budget is yet to commence. Additionally, the group says it has also observed that parallel to delay in the budget submission, the executive branch has consistently failed to submit the framework paper of the draft national budget. “As required by the constitution of Liberia, the draft budget for the succeeding fiscal year should be submitted on April 30, but this has not been the case since the inception of the current regime. Liberia’s fiscal calendar begins July 1 and ends June 30,” the Group said in a statement issued in Monrovia.

Source: Front Page Africa August 06, 2020 04:41 UTC