WASHINGTON, D.C. September 14, 2026– The President of the Republic of Liberia has announced that Liberia has successfully reached US$1 billion in domestic revenue collections, marking a major step toward the government's ambitious target of US$1.3 billion in revenue for Fiscal Year 2026.
In an address to the nation from the US, President Joseph Nyuma Boakai Sr. emphasized that the milestone, generated through the collection of lawful taxes, duties, fees, and other government revenues, represents one of the most significant fiscal achievements in Liberia's recent history. Coming less than two years after the current administration intensified efforts to strengthen accountability, improve tax compliance, and modernize revenue administration, the accomplishment serves as powerful evidence that Liberian institutions can deliver meaningful results for the people.
"This achievement demonstrates that Liberia can build strong institutions that work for its citizens," President Joseph Nyuma Boakai stated. "Behind every dollar collected stands a Liberian citizen, a trader, a business owner, a market woman, an importer, an exporter, or a worker making a contribution to national development."
The President emphasized that this moment extends far beyond financial statistics. He noted that the successful collection of government revenues will directly affect the livelihoods of ordinary Liberians by providing resources needed to improve public services, strengthen infrastructure, and expand economic opportunities throughout the country.
The achievement comes at a time when nations around the world continue to navigate economic uncertainty caused by global challenges, including geopolitical tensions in the Middle East, disruptions to international trade, inflationary pressures, and fluctuations in global commodity markets. Despite these external pressures, Liberia's revenue performance has remained strong, signaling increasing confidence in the country's economic management and governance reforms.
The Liberian leader noted that reaching the US$1 billion threshold is especially significant when viewed against Liberia's historical challenges, including years of economic hardship, limited domestic resource mobilization, and dependence on external support. The milestone reflects ongoing efforts to broaden the tax base, improve collection mechanisms, enhance compliance, and ensure that revenues due to the government are collected in accordance with the law.
President Boakai praised the leadership of the Liberia Revenue Authority, specifically recognizing Commissioner General Dorbor Jallah and his team for their commitment and professionalism.
"The Liberia Revenue Authority has demonstrated what can be achieved through dedication, discipline, innovation, and effective leadership," President Boakai said. "Commissioner General Dorbor Jallah and his team are doing remarkably well in aggressively collecting revenues and ensuring that government receives resources needed to deliver services to the Liberian people."
The President also extended gratitude to local businesses, international merchants, and ordinary taxpayers for fulfilling their civic obligations.
"We thank all traders, business owners, investors, and taxpayers who continue to pay their lawful taxes and duties on time," he said. "Their contributions are helping to build roads, support education, strengthen healthcare, improve security, and create opportunities for future generations."
According to the President, the government's commitment is not merely to collect revenue but to ensure that revenue collection translates into visible improvements in the quality of life of Liberians across the country.
To that end, President Boakai revealed that a portion of the revenue gains will be directed toward initiatives designed to support and grow Liberian-owned businesses. He noted that empowering domestic enterprises remains essential to economic expansion, job creation, and long-term national prosperity.
His Excellency President Boakai indicated that increased revenues could also support efforts to reverse salary harmonization challenges that have affected many public sector workers. The government intends to ensure that teachers, nurses, and other public servants receive competitive and sustainable compensation for their indispensable service to the nation.
President Boakai emphasized that investment in education and healthcare will remain central priorities. Students across Liberia are expected to benefit from improved educational facilities, while public institutions, including the University of Liberia, could see significant renovation and modernization efforts.
"Our students deserve learning environments that inspire excellence," the President remarked. "The University of Liberia and educational institutions throughout the country must receive the support necessary to prepare the next generation of leaders."
In the health sector, government officials indicated that additional resources would help strengthen hospitals and clinics through the acquisition of modern medical equipment, expanded access to medicines, and improved healthcare services nationwide.
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