The Legislative Budget Office (LBO) of the 54th Legislature has released a calendar of events for the 2022 budget hearing with Ministries and Agencies, with the revenue component of the budget being under spotlight.
According to a press release from the House of Representatives Press and Public Affairs Bureau, the budget hearing opens on today, Wednesday, November 24, 2021 at the hour 10:00 Am, with the Ministry of Finance and Development planning as well as the Liberia Revenue Authority taking the stand before the Ways, Means and Finance Committee of the House of Representatives.
Day-two, Thursday, November 25, 2021 will bring together five Agencies. They include Liberia petroleum Refining Corporation (LPRC), National Port Authority (NPA), the Liberia Maritime Authority (LMA), Liberia Telecommunication Authority (LTA) and the Liberia Fisheries and Aqua-culture Authority (NAFAA).
Day-three, Friday, November 26, 2021 another five Agencies of government are expected to appear. They are: National Road Funds, Ministry of Public Works (MPW), Forestry Development Authority (FDA), Ministry of Foreign Affairs (MOFA) and Ministry of Transport.
Day-four, Tuesday, November 30, 2021 will bring together the Ministry of Labor (MOL), the Ministry of Mines and Energy, the Liberia Immigration Service (LIS), the Liberia national Police (LNP) and the National Fire Service.
Day-five, Wednesday, December 1, 2021; the Ministry of Commerce & Industry, Liberia Business Registry, Ministry of Gender, Children and social Protection, Ministry of post and Telecommunication and Ministry of Internal Affairs.
Day-six, Thursday, December 2, 2021, Ministries to appear are; ministry of health ( MOH), John F. Kennedy Memorial medical center (JFK), Liberia medical and health Products Regulatory Authority, Environmental Protection Agency (EPA), and the Judiciary.
Day-seven, Friday, December 3, 2021, will bring committee members in face to face with heads of the Roberts International Airport, (RIA), National Housing Authority (NHA), the national Lottery Authority (NLT), National Transit Authority (NTA), Ministry of Youth and Sports (MYS) and Center for national Documentation & Archives.
Day- seven, Monday, December 6, 2021, the committee shall climax her duty of the revenue component of the draft National budget following the outstanding and rescheduled hearings and finalization of revenue numbers.
Press Bureau release quoting the LBO stressed that all presentation will be led by heads of Institution and team and sector head Ministry will remain present for presentation by sector members.
Mean wide, institutions that are not mention in the budget will be encouraged to present budgetary request while others not appearing will submit presentation and meet sub-Committee as the case may be.
Any Agency who fails to attend the budget hearings will have a budgetary cut not to exceed 10% of lines, excluding composition and all presentations should be submitted at least three days prior to the hearing.