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Liberia: House of Representatives Approves US$24M Supplementary Budget for Fiscal Year 2020-2021
Liberia: House of Representatives Approves US$24M Supplementary Budget for Fiscal Year 2020-2021
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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.
The decision for approval is in line with Section 18 of the Public Finance Management Act of 2009 which calls for amendment of the approved budget during the fiscal year through supplementary budgets to be approved by the Legislature.