{"id":25898,"date":"2022-11-02T16:46:22","date_gmt":"2022-11-02T16:46:22","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time"},"modified":"2022-11-02T17:09:06","modified_gmt":"2022-11-02T17:09:06","slug":"weah-requests-more-time","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time","title":{"rendered":"Weah requests more time"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>By Bridgett Milton<\/p>\n

The House of Representatives has noted a communication of request from President George Manneh Weah for an extension in the submission of the National Draft Budget for 2023.<\/p>\n

President Weah\u2019s communication to the House of Representatives was noted Tuesday, 1 November during the House\u2019s regular session.<\/p>\n

He asked the full plenary for an extension of the submission of the FY2023 Draft National Budget by 22 working days as of October 31, 2022, on or before November 30, 2022.<\/p>\n

According to President Weah, the reason for the delay in the preparation of the National Budget is that he wants it to be consistent with his government\u2019s program.<\/p>\n

Under the International Money Fund (IMF), the Government has to conclude discussions with the IMF regarding the next monetary and fiscal policy goals, which are largely aimed at achieving macroeconomic stability.<\/p>\n

He said as a follow-up to the recent discussion at the World Bank Annual Meeting, an IMF 5th Review Mission under his administration extended credit facility program is in Monrovia to conclude its assessment of his government\u2019s macroeconomic developments and performance, and the fiscal policy outcomes and projections for the ensuing fiscal year.<\/p>\n

Pres. Weah noted in his Communication that under the ECF Program, the Executive and partners are concluding negotiations before finalizing the resource envelope for the next fiscal period.<\/p>\n

The Communication also stated that it is important to ensure that the Country\u2019s resource envelope is realistic and reflects government\u2019s priorities in the wake of the worsening macroeconomic outlook intensified by the lingering impacts of COVID-19, the Russia\/Ukraine War and the increasing expenditure demands on Liberia\u2019s meager resources.<\/p>\n

He also noted that this preparation will ensure adequate funding for the 2023 General and Presidential Elections, address extra-budgetary pressures to subsidize the current rice situation in the country, as well as to fund government institutions in order to remain operational without causing disruptions during the elections year.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. By Bridgett Milton The House of Representatives has noted a communication of request from President George Manneh Weah for an extension in the submission of the National Draft Budget for 2023. President Weah\u2019s communication to the House of Representatives was noted Tuesday, 1 November during the House\u2019s regular session. He asked the […]<\/p>\n","protected":false},"author":84,"featured_media":25897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,237,234],"class_list":["post-25898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nWeah requests more time - Liberia<\/title>\n<meta name=\"description\" content=\"By Bridgett Milton The House of Representatives has noted a communication of request from President George Manneh Weah ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weah requests more time\" \/>\n<meta property=\"og:description\" content=\"By Bridgett Milton The House of Representatives has noted a communication of request from President George Manneh Weah ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-02T16:46:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-02T17:09:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_2-6362a41a5cf46.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"607\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Weah requests more time\",\"datePublished\":\"2022-11-02T16:46:22+00:00\",\"dateModified\":\"2022-11-02T17:09:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time\"},\"wordCount\":333,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/11\/postQueueImg_2-6362a41a5cf46.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/weah-requests-more-time\",\"name\":\"Weah requests more time - 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