Another fiscal period in Liberia, which began 1 July 2011 ends very soon in three months, specifically 31 June 2012.Then the regular circle of rotation begins with another fiscal period July 2012 to June 2013.
On and on goes the merry-go-round of successive Liberian governments the chores of the Executive branch of Government, through the Ministry of Finance, submitting the draft Liberia's National Budget to the National Legislature for approval. In most instances, what followed before budgetary approval was simply a formality of close door insubstantial "budget talks" bordering on personal negotiations and gains among the crafters, the approvers as well as heads of government entities. Sometimes, draft budgets were approved by the National Legislature the same day they were received from the Executive.
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