Members of the House of Representatives have approved supplementary funding for the Financial Year 2020/2021 worth US$10.5m to enable the government to deliver on programs that are in critical need of funds.
The House approved the supplementary funding Wednesday, February 13 — the 1st Special Day Sitting of the 4th Session of the House of Representatives, and forwarded it to the Senate for concurrence.
The House’s decision to pass the supplementary budget is owing to a report from the Joint Committee on Ways, Means, Finance and Development Planning, and Public Account and Expenditure.
The House’s Committee on Ways, Means, Finance, and Development Planning is chaired by Montserrado County District #5 Rep. Thomas Fallah, while the Committee on Public Accounts and Expenditure is headed by Bong County District #5 Rep. Edward Karfiah.
Meanwhile, it can be recalled that in a letter accompanying the draft supplementary budget to the House of Representatives, President George M. Weah said his government has “Realized a windfall amid mounting expenditure demands for service deliverables beyond allocations in the approved budget of the Fiscal Year 2020/2021.”
The FY 2020/2021 budget was approved in the tone of US$570.1 million. The President indicated that the sources of the supplementary budget, according to the communication, include US$9 million from ArcelorMittal and a grant of US$1.5 million from the Kingdom of Morocco.
Further in the President’s communication, the President outlined his expenditures as followed: RIA route pavement $900,000; Public school chair project $700,000; Transformer project $600,000; Hospital beds $500,000; Legislative goods and services $1.4m; domestic travels $400,000; vehicle repairs and maintenance $300,000; and constituency travels $900,000.
Others are vehicle fuel and lubricant $400,000; generator fuel $600,000; printing, binding and publication $250,000; Telecommunication, internet and ICT supplies, $250,000; RIA residential lounge $250,000; public schools renovation $250,000; GOL obligation to the African Union $1,129,695; Foreign Missions Operations $370,305 and subsidy compensation related $600,000.