The Satellite can automatically reveal that in a special cabinet meeting chaired by His Excellency President Brig. (Rtd) Dr. Julius Maada Bio, on Thursday 20th November 2025, cabinet members unanimously endorsed the Financial Year (FY) 2026 Budget and the 2026 Finance Bill for submission to the House of Parliament.
Though date for the submission of the 2026 FY Budget and the Finance Bill has not yet been slated, impeccable sources disclosed that the 2026 Finance Bill addresses the critical needs for increased revenue mobilisation by strengthening the tax administration, noting that leveraging on the gains made in human capital development, the accompanying 2026 Appropriation Bill prioritises investments in the strengthening of the health system and improving quality education at all levels.
Sources added that the Bill also calls for the scaling of investments to boost productivity - food security, energy access, and digitisation, noting that these efforts are expected to contribute to reducing household poverty and spurring economic growth.
"Importantly," the sources disclosed, "the Bill sets clear parameters to improve expenditure management in an effort to build a sustainable domestic finance architecture that can enhance development partner and private sector financing across government priorities.
