Liberia: Gov’t Exceeds FY 2024 Budget Limit Despite LACC Warning

Date: 2025-02-28
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A review of the FY 2025 budget documents by FrontPage Africa indicates that off-budget expenditures totaling US$13,303,772 occurred after the approval of the FY 2024 recast budget, meaning these funds were not initially accounted for in the original spending framework. While some off-budget spending from January to August 2024 was later incorporated into the recast budget in September, additional expenditures after the recast remain a glaring financial irregularity.

Entities with Significant Off-Budget Spending

Among the government entities scrutinized, the National Legislature recorded off-budget spending of US$4.07 million, despite an approved budget of US$59.8 million. Similarly, the Ministry of State for Presidential Affairs exceeded its allocation by US$317,080, while the Office of the Vice President recorded an overrun of US$67,682.

Entity                          Entity Budgeted Amount (USD)                    Amount Overspent (USD)

National Legislature:                           59,805,145.00                                     4,071,991.00

National security Agency:                 11,850,241.00                                     1,515,391.00

Ministry of Finance:                           140,967,648.00                                   1,385,868.00

Paynesville City Corporation:            830,318.00                                          1,036,558.00

Ministry of Justice:                             41,432,064.00                                     1,002,126.00

West African Examination Council: 4,075,624.00                                       607,125.00

Governance Commission:                   1,785,683.00                                       484,021.00

Ministry of Mines and Energy:           3,358,702.00                                       372,756.00

Ministry of State for Prexy Affairs    12,495,025.00                                     317,080.00

Ministry of Labor                               1,486,198.00                                       300,958.00

PPCC                                                  1,245,095.00                                       284,374.00

Ministry of Transport                         3,095,719.00                                       283,595.00

Ministry of Youth and Sports             5,791,796.00                                       278,413.00

University of Liberia                          33,481,284.00                                     270,056.00

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