Ministry of Finance and Development Planning
MFDP Presents Draft Budget To Lower House
By Hilary Vasco Wiagbe
MONROVIA, June 2 (LINA)-The Ministry of Finance and Development Planning on Tuesday presented the 2015/2016 Draft National Budget in the tune of US$604 million to the Speaker of the House of Representatives, J. Alex Tyler.
Presenting the budget, Deputy Finance Minister for Fiscal Affairs Dr. James Kollie, expressed the hope that the House will peruse it, make its input and subsequently pass it into Law.
Kollie also submitted a bill on behalf of President Ellen Johnson-Sirleaf to Speaker Tyler, seeking the dissolution of some functionaries of government he described as dormant.
Although Kollie did not name the institutions to be dissolved, he said the step was necessary considering the financial constraints facing the government.
Receiving the 2015/2016 Draft National Budget, Tyler indicated that though the presentation of the Budget to the Legislature was one month late, he was happy that the Executive Branch of Government finally submitted it.
Tyler assured that he will transmit the Budget to the Plenary of the House for submission to the House Committee on Ways, Means and Finance for scrutiny, after which it will advise Plenary to determine a decision.