Liberia: Government Sinks Deficit Spending

5 September 2019

The current situation at the Capitol with lawmakers approving 1/12 spending of the FY2019/2020 draft national budget for the second time, pending formal endorsement of the financial instrument clearly indicates the Weah administration is sinking deeper into deficit spending.

Apprehensions abound that by the time the 54th Legislature approves the draft budget, it would have already been exhausted before the next fiscal period which begins in June, 2020.

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