Capitol Hill, Monrovia – The House of Representatives has approved a US$24.3 million supplementary budget for fiscal year 2020/2021 to enable government deliver on programs that are critically in need of funds. The House took the decision in Plenary on Thursday following recommendations from a conference committee comprising members of both House of Representatives and the Liberian Senate. Earlier, the House passed the supplementary budget at US$10.5m following a communication from President George Weah, and forwarded it to the Senate for concurrence. The Senate also called for the formation of a conference committee comprising of members of both Houses to deliberate and form a single and acceptable version of the Supplementary Budget for Fiscal year 2020/2021. It can be recalled that President George Weah, in a letter accompanying the draft a US$10.5 million supplementary budget said his government has “Realized a windfall amid mounting expenditure demands for service deliverables beyond allocations in the approved budget of the Fiscal Year 2020/2021.” The FY 2020/2021 budget was approved in the tone of US$570.1 million.

Source: Front Page Africa February 26, 2021 08:51 UTC