-As ๐ ๐๐๐ฃ ๐ฆ๐๐ฏ๐บ๐ถ๐๐ ๐ง๐ผ ๐๐ฒ๐ด๐ถ๐๐น๐ฎ๐๐๐ฟ๐ฒ ๐๐ฌ๐ฎ๐ฌ๐ฎ๐ฐ ๐๐ฟ๐ฎ๐ณ๐ ๐ฅ๐ฒ๐ฐ๐ฎ๐๐ ๐๐๐ฑ๐ด๐ฒ๐
The Ministry of Finance and Development Planning has submitted to the House of Representatives the 2024 Draft Recast Budget.
Submitting the Recast Budget Friday, 16 August, Acting Finance Minister Anthony Myers said the submission the budget is based on their observation of the performance in the first six months of the year and a need to rebalance the budget in response to revenue performance and the Government desire to protect critical expenditure that is of priority for the Country.
Receiving the Draft Recast Budget on behalf of the 55th Legislature, House Speaker Cllr. J. Fonati Koffa urged the Ministry of Finance Development Planning to submit all supporting documents for the Recast Budget to aid the Ways, Means and Finance Committee during its scrutiny.
Speaker J. Fonati Koffa said in order to improve the budget process he announced additional measures aimed at investigating allegation of budget alteration and has since named a special investigative committee chaired by Bong County Electoral District 4 Representative Robert Wongbe and co-Chair by Montserrado County Electoral District 7 Representative Emmanuel Dahn. The members include; Hon. Thomas Romeo Quioh, Hon. Sekou Kanneh, and Hon. Sumo Mulbah.
Speaker Koffa said the Legislature remains committed in the fight against corruption and will promote to the high standards transparency and accountability in Government.
The 2024 Budget was approved by the 55th Legislature in April to the tune of US$738,859,827, an increase of 6.7 percent from the version submitted by the Executive through the Ministry of Finance and Development Planning, which was US$692 million.
The Acting Minister Myers was accompanied by Deputy Minister for Budget Tanneh Geraldine Brunson, Assistant Minister for Budget Sarah M. Mulbah, the Deputy Minister for Administration Bill McGill Jones among others.
