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Liberia’s President Boakai Presents 2025 Budget, Plans 18% VAT System for 2026

  • Liberia President Joseph Nyuma Boakai Sr presented the draft 2025 National Budget on 18 November 2024
  • The government plans to implement a new VAT system in 2026
  • The new VAT system will have a standard rate of 18%
  • This new VAT will replace the existing 10% goods and services tax

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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