Liberia: Govt Tightens Fiscal Policies, Cuts Officials’ Allowances

In an effort to address current economic challenges and promote fiscal discipline, the Government of Liberia has announced a series of strict fiscal rules to be implemented in the 2025 budget year.

These measures, which cover salary deductions, fuel allowances, consultancy services, and state-owned enterprise (SOE) compensation, are aimed at ensuring more efficient use of government resources amid recent suspension of U.S. government aid to Liberia through USAID.

The new fiscal rules, released by…