Liberia's Finance Minister plans to increase civil servants' salaries, revealing specifics in the upcoming budget.

Liberia's Finance Minister Augustine Kpehe Ngafuan announced plans to increase civil servants' salaries to address financial difficulties and compensation disparities. Specifics will be revealed in the upcoming budget, due to the Legislature by the end of October. Despite challenges, including an $83 million reserve withdrawal and unpaid ECOWAS levies, Ngafuan remains optimistic about economic growth, projecting 5% growth this year and 6% by 2025, aided by partnerships with the World Bank and IMF.

October 18, 2024
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