NATIONAL NEWS
MONROVIA – The Liberia Revenue Authority (LRA) says the government has collected US$954.7 million in revenue for Fiscal Year 2026 as of Wednesday, September 2, placing the country within reach of crossing the US$1 billion domestic revenue milestone before the end of the month.
By: Trokon S. Wrepue – trokon1992seokin@gmail.com
LRA Commissioner-General James Dorbor Jallah made the disclosure during a Revenue Performance and Revenue Measures and Policies Review Meeting in Monrovia, attributing the strong performance to continued cooperation between the LRA, the Ministry of Finance and Development Planning and other government institutions.
“As of this morning, we can report that we have raised US$954.7 million in revenue, thanks to the collaboration we continue with the Ministry of Finance and Development Planning and other entities,” Jallah said.
With revenue collections now standing at nearly US$955 million, the LRA says the government needs to mobilize approximately US$45.3 million to reach the US$1 billion mark. The authority is also working toward the government’s broader US$1.3 billion revenue target for 2026.
The latest figures are being viewed by officials as a sign of improved domestic resource mobilization and continued efforts to strengthen Liberia’s revenue collection system.
The LRA says the implementation of new and more efficient tax collection mechanisms is contributing to efforts to increase domestic revenue and reduce leakages. Among the measures being introduced are electronic fiscal devices, which are intended to improve tax compliance, simplify the filing process, strengthen monitoring and provide government with more effective tools to track transactions and revenue.
Officials say improved domestic collection is essential to financing national development priorities while reducing Liberia’s dependence on external assistance.
Finance and Development Planning Minister Augustine Kpehe Ngafuan, speaking earlier at the meeting, stressed the importance of continued cooperation between the ministry and the LRA.
He said the revenue performance recorded so far provides reason for optimism but cautioned technical teams and other revenue-generating entities of government against losing momentum. Minister Ngafuan called for stronger compliance, improved revenue administration and greater engagement with taxpayers to ensure that the government continues to mobilize the resources needed to meet the expectations of citizens.
“We have to keep the focus because the more we do, the more we are challenged to do because the expectations of our people are high,” Minister Ngafuan said.
The Finance Minister pointed to the first-year implementation report of the ARREST Agenda for Inclusive Development as evidence that the government is making progress toward its development objectives, particularly in areas including roads, health, education and agriculture.
Minister Ngafuan acknowledged that while significant progress has been made, more remains to be done, reaffirming the government’s commitment to strengthening domestic resource mobilization as a foundation for fiscal sustainability and the implementation of its development agenda.
