Liberian Senate Permits Pres. Sirleaf To Defer Budget Presentation

amah(LINA) – The Liberian Senate has granted President Ellen Johnson Sirleaf permission to present the 2016/2017 draft Budget to that body on May 16 as was requested by the Liberian leader.

President Sirleaf in a communication addressed to the Senate on Tuesday, May 3, urged the body to defer the presentation of the 2016/2017 Budget as a result of the complexities faced by her team in the budget preparation process.

Consistent with the Public Financial Management Act of Liberia, the President is required to submit to the legislature through the Senate, the proposed budget and accompanying documents for the year not later than two months before the start of the fiscal year.

But in her communication, President Sirleaf attributed the constraints faced by her team to the global economic meltdown which has caused severe stress on the nation’s resource envelope thereby complicating the process of submitting a balanced budget.

“I can assure you that the team has been working to identify additional sources of revenue as well as identify areas for additional savings in the budget,” the Liberian leader emphasized.

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About Cholo Brooks 13351 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.