“We welcome the adjustment in our benefits and salary-cut, but the way to do it is what we are going to start discussing beginning the 30th of this month.” Deputy House Speaker Prince Moye has said.
Speaking to reporters at his Capitol Building office recently, the Bong County lawmaker said they welcome the harmonization process and salary-cut because Liberia cannot depend on foreign partners to make up for “our budget” continuously.
He added that mechanisms must be put in place so that the nation will rely on it for internal revenue generation to plan the budget.
According to Representative Moye, partners support to the budget can go toward the development and implementation of projects but not for payroll.
He said though the House of Representatives has officially closed for the Independence anniversary break to allow members engage their constituents on issues of concern, the 15 members of the Committee on Ways, Means, Finance and Development Planning will stay on at Capitol Hill to continue to look at the budget.
Moye explained that the draft budget has been received and submitted to the Committee on Ways, Means, Finance and Development Planning but budget hearings cannot commence because the Minister of Finance and Development Planning and his team failed to submit the “revenue template and forecast.”
He promised that members of the Committee will stay on Capitol Hill during the Independence break until the Minister and his team bring forth the relevant documents that will allow the hearing to begin.
The draft National Budget for 2019/2020, which is in the tone of US$532 million was submitted by the Minister of Finance, Samuel Tweah, to the Speaker of the House of Representatives, Bhofal Chambers on June 28.
Since the presentation of the draft National Budget on June 28, Legislative hearings into the revenue component is yet to commence.
Comments are closed.