Liberia, Nov. 6 -- Liberia's proposed 2027 budget is the biggest in the country's history, promising higher pay for teachers and police, more money for hospitals and a plan to repay nearly US$60 million owed to the state pension fund. But it rests on a revenue milestone that was lifted in part by a one-off mining payment, and the government has yet to explain how it will keep the money coming.

By Rodney D. Sieh

MONROVIA, Liberia - Liberia's government on Friday asked lawmakers to approve a US$1.538 billion spending plan for 2027, the largest in the West African nation's history, betting that a recent surge in tax collections can pay for higher wages, new hospital equipment and a long-delayed fix for public-sector pensions.

Finance Mini...