EchoGlobal News Network
NewsUncategorized

From Default to Progress, Boakai Report Increase Growth During 2026 SONA

President Joseph Nyuma Boakai on Monday, January 26, 2026, delivered his third State of the Nation Address to the 54th Legislature highlighting that Liberia recorded 5.1 percent growth in 2025, exceeding both projections and the 4.0 percent growth posted in 2024 attributing the expansion to strong performance in mining, agriculture, fisheries, and services, with mining alone growing by 17 percent and exports rising by more than 21 percent.

According to article 58 of the Liberian Constitution, the President on the fourth working Monday is mandated to report to the Legislature on the State of the Nation. the President during his SONA reaffirm Liberia’s democratic resolve, defend the rule of law, and announce what he described as the country’s strongest economic performance in years, despite shocks from donor funding disruptions.

President Joseph Nyuma Boakai on Monday, January 26, 2026, delivered his third Annual Message under article 58 of the Liberian Constitution to the Legislature under heightened security conditions, using the moment to reaffirm Liberia’s democratic resolve, defend the rule of law, and announce what he described as the country’s strongest economic performance in years, despite shocks from donor funding disruptions.

Opening his address with a sober reflection on last year’s violent attack on the Capitol Building, President Boakai said the incident, still under judicial review, would not intimidate the state or weaken democratic institutions.
He assured Liberians that his administration is pursuing the matter with “resolve and impartiality, “vowing that all those found guilty would face the full weight of the law.

Invoking former British Prime Minister Winston Churchill, Boakai declared that Liberia would “never yield to intimidation,” stressing that the nation’s commitment to constitutional governance, democratic order, and the rule of law remains unshaken, saying, for the second consecutive year, the address was delivered outside the historic legislative chamber due to security concerns.

Turning to governance and legislation, the President said his administration, in collaboration with the Legislature, had focused over the past two years on stabilizing the economy, addressing inherited challenges, and laying foundations for long-term development.

Also, Boakai said progress had been made across agriculture, infrastructure, education, health, tourism, and justice, noting that “Liberia is in a better state than it was a year ago.”

Among key legislative achievements signed into law, he highlighted the Ministry of Local Government Act to deepen decentralization, the Liberia National Tourism Act to boost economic diversification, and measures aimed at food security and financing agreements with international partners.

Moreover, the Liberian leader urged lawmakers to prioritize pending bills critical to governance reforms, including the Presidential Transition Act, the establishment of a Civil Service Commission, and amendments to strengthen anti-corruption laws by addressing illicit enrichment and removing statutes of limitation on corruption cases.

The President also announced an ambitious pipeline of proposed legislation for 2026, including bills to establish a National Planning Commission, a National Road Authority, a universal health insurance scheme, reforms to the University of Liberia, and the repeal of outdated decrees from the People’s Redemption Council era. Adding that 16 executive orders had already been issued to advance economic and social priorities in line with national development goals.

On Inflation he said, fell to 4 percent by December 2025, the lowest level in two decades, while gross international reserves climbed from US$475 million in 2024 to US$576 million in 2025.
Further, Boakai added that the Liberian dollar also appreciated modestly, supported by improved liquidity management and fiscal discipline.

Despite these gains, the President acknowledged that an abrupt decline in donor support during the second quarter of 2025 disrupted key social and economic programs, leading to job losses and hardship for many families. He said the government responded with tighter fiscal controls, protection of priority spending in health and education, and stronger domestic revenue mobilization.

Also, President Boakai disclosed that Liberia secured more than US$334 million in loans and grants in 2025 to support infrastructure, human capital development, and natural resource management, and confirmed that the United States had reaffirmed Liberia’s eligibility for a second Millennium Challenge Corporation (MCC) compact in December 2025, with a focus on energy and job creation.

Meanwhile, the Liberian leader described last year’s donor shock as a “wake-up call” on the dangers of overreliance on external aid. He said, Liberia’s future lies in strengthening domestic revenue, improving tax compliance, and building resilient institutions that can finance national development from within, for the benefit of all Liberians.

Related posts

Chinese Ambassador Outlines China’s 15th Five-Year Plan, Global Cooperation, and Taiwan Anniversary

EchoGlobal News Network

Liberia Heads the UN African Group as Chair

EchoGlobal News Network

CBL Maintains Policy Rate At 16.25%, Diminishes Inflation

EchoGlobal News Network

Expired Fruit Juice Seize By PCC Environmental and Safety Department

EchoGlobal News Network

AML Global CEO for Mining Reiterate the Company’s Dedication to Developing Human Potential

EchoGlobal News Network

Liberia Moves to Unlock Rural Power Boom As validation workshop Kickoff

EchoGlobal News Network

Leave a Comment