The Government of Liberia has announced that it has collected a massive US$955.20 million in cash receipts during Fiscal Year 2025, representing a 28 percent increase over the previous year, as the country closed the fiscal period with a reconciled cash balance of US$76.89 million, according to the Auditor-General’s latest report.
According to a release dated Tuesday, September 1, 2026, the figures, contained in the audit of the Government’s Consolidated Fund Accounts and Financial Statements for the year ended December 31, 2025, show that government cash receipts increased by US$269.64 million compared with FY2024.
The report by the General Auditing Commission (GAC) attributes the rise in receipts to improved revenue administration, stronger compliance measures and increased deployment of information and communications technology systems in public financial management.
But the surge in revenue came alongside a significant increase in government spending, with total cash expenditure climbing to US$902.77 million during FY2025. According to the audit, expenditure increased by US$242.20 million, or 27 percent, compared with the previous fiscal year.
The GAC said the higher spending was largely driven by the settlement of outstanding commitments carried over from the previous fiscal year’s 90-Day Window Period, coupled with adjustments to budgeted expenditures.
A breakdown of expenditure shows that US$781.83 million, or 89 percent, went toward recurrent and non-Public Sector Investment Program expenditures, while US$100.94 million, representing 11 percent, was directed toward the Public Sector Investment Program (PSIP), which covers government development and investment interventions.
Despite the sharp rise in expenditure, the audit reported that the government ended December 31, 2025, with a reconciled cash balance of US$76.89 million. The fiscal figures provide a significant snapshot of the government’s financial operations amid continuing public scrutiny over revenue collection, expenditure management and accountability in the use of state resources.
Also, the Auditor-General’s report points to improvements in revenue mobilization and public financial management, while stressing that reforms must be sustained to strengthen accountability and fiscal stability.
Particular emphasis was placed on maintaining digital revenue-collection mechanisms and improving expenditure monitoring as part of efforts to reduce weaknesses and strengthen controls over public resources. The report covers the government’s consolidated financial activities from January 1 through December 31, 2025, including revenue, expenditure and other transactions involving the Consolidated Fund.
With nearly US$1 billion in cash receipts recorded during the year, attention is also expected to focus on how increased government revenues translate into development programs, infrastructure and improved public services.
The government is expected to continue strengthening revenue-mobilization systems while ensuring that expenditures remain consistent with approved national priorities and established public financial management rules.
Moreover, the GAC has meanwhile encouraged stakeholders and members of the public to examine the complete Financial Statements and accompanying notes for a broader assessment of the government’s financial position and fiscal performance during FY2025.
