Liberia: Ngafuan Says U.S.$1 Billion Tax Haul Spent, Braces for U.S.$200m Gap

MONROVIA — Finance Minister Augustine Kpehe Ngafuan says Liberia’s record $1 billion in tax collections this year is already spent, not sitting in a government account, funding new soldiers, early salary payments and long-overdue debts to local banks and media houses. But about $200 million of that total, roughly a fifth, came from a one-time mining payment that will not repeat in 2027, and Ngafuan himself told listeners Thursday the government is already bracing for the gap it will leave…