spot_imgspot_img
Wednesday, January 15, 2025

LIBERIA REVENUE AUTHORITY ACHIEVES RECORD-BREAKING REVENUE COLLECTION IN 2024

Date:

MONROVIA, LIBERIA — The Liberia Revenue Authority (LRA) has reached a historic milestone, surpassing its 2024 fiscal revenue target of $690 million. With $692 million already confirmed and an additional $10 million pending reconciliation, the total collection is expected to exceed $700 million, setting a new record for the country.

Speaking at a press briefing held at the LRA headquarters in Paynesville, Commissioner General Dorbor Jallah described the achievement as a triumph of determination and teamwork. He credited the success to the unwavering support of taxpayers and the coordinated efforts of various stakeholders involved in revenue collection.

“This accomplishment reflects the dedication and innovation of taxpayers across Liberia’s 15 counties,” Jallah remarked, highlighting their critical role in driving the year’s success. He also expressed gratitude to government ministries, agencies, and international partners for their contributions to this financial feat.

As the LRA prepares for 2025, Jallah emphasized the importance of sustaining this momentum through improved compliance and timely tax payments. He outlined plans to introduce digital platforms designed to streamline tax processes and enhance overall efficiency. “These tools will make compliance easier and more effective for everyone,” he noted, encouraging public engagement with the forthcoming systems.

Jallah further stressed the value of partnerships at all levels—local, national, and international as key to achieving even greater milestones. “Accountability and transparency must continue to guide our revenue administration practices,” he affirmed, reinforcing the importance of trust and collaboration in the LRA’s mission.

While celebrating the 2024 revenue performance, the Commissioner General underscored the need to view this milestone as a foundation for future progress. He urged Liberians to embrace the opportunity to strengthen the nation’s financial independence and meet its developmental goals.

“This success is a collective victory, but it’s also a call to action for even greater achievements,” Jallah stated, appealing to all stakeholders to remain committed as the country aims to break new records and set higher benchmarks in 2025.

LATEST DEVELOPMENT

NPHIL BOSS DR. NYAN TARGETS CORRUPTION – STAFF FIRED OVER VEHICLE SCANDAL

MONROVIA, LIBERIA – To reinforce accountability, the Director-General of...

GLASS HALF-FULL,” SENATOR DILLON GRADES BOAKAI’S GOVERNANCE POORLY

MONROVIA, LIBERIA – Montserrado County Senator Abraham Darius Dillon...

PRESIDENT BOAKAI URGED TO LEAD BOLD REFORMS AMID CRITICISM OVER CORRUPTION FIGHT

MONROVIA, LIBERIA – Anderson D. Miamen, Executive Director of...

IS LIBERIA’S DEMOCRACY AT RISK? A STEP BACKWARDS LOOMS

The Capitol Building fire recent reports have stirred deep...

A WAKE-UP CALL FOR ACCOUNTABILITY AND REFORM

The December 18, 2024, fire that engulfed Liberia’s Capitol...

DOES LIBERIA NEED CONSTITUTIONAL CLARITY?

The ongoing power struggle within the House of Representatives...

COMMENTARY

WHY FOLLOW A PR STRATEGY TO OVERCOME CRISES AND MAINTAIN BRAND VISIBILITY

Courtesy of Martin Blayon, an experienced Public Relations Specialist Misinformation...

THE LASTING LEGACY OF PRINCE JOHNSON’S DEATH AND THE PATH FORWARD FOR LIBERIA

By Lyndon J. Ponnie, Sr. The passing of former Liberian...

PRES. BOAKAI’S LACK OF LEADERSHIP AND LIBERIA’S POLITICAL CRISIS

-A Commentary Joseph Boakai's failure to lead has once again...

THE MASS DISMISSAL OF LIBERIAN PUBLIC SERVANTS: A TROUBLING TREND UNDER THE BOAKAI ADMINISTRATION

A Commentary by Wondah L. Jah Since assuming the presidency,...

LATEST NEWS

IJG ACCUSES SENIOR LIBERIAN OFFICIALS OF WIDESPREAD CORRUPTION, DEMANDS LEGAL ACTION

MONROVIA, LIBERIA – The International Justice Group (IJG), a...

SENATOR AMARA KONNEH DEMANDS TRANSPARENCY IN BOAKAI GOVERNMENT’S $30 MILLION EQUIPMENT DEAL

MONROVIA – Former Finance Minister and current Gbarpolu County...

COMMUNITY AFFECTED BY ILLEGAL LOGGING SPEAKS OUT

By Paul M. Kanneh Located about 55 kilometers from Liberia’s...

COMMUNITY RECLAIMS THEIR FOREST FOLLOWING COURT’S RULING 

By Henry B. Gboluma, Jr. HENRY TOWN, GBARPOLU, LIBERIA –...

Share post:

EXCLUSIVE INTERVIEW

OPINION

HOR IN UPROAR AS EMBATTLED SPEAKER KOFFA’S INFLUENCE EXPOSES GOVERNANCE CHALLENGES

By Socrates Smythe Saywon, Sr. Liberia’s political scene is currently...

LIBERIANS ARE IN AN ABUSIVE RELATIONSHIP WITH THE UP AND CDC

  An Opinion By Grace RK Guar Every six...

AMERICA’S NEGLECT OF LIBERIA: A CALL FOR CHANGE

An Opinion By Bishop Dr. Rudolph Q. Kwanue, Sr A...

AMID AN UNENDING WAR AGAINST POVERTY, INJUSTICES – HAS THE PROGRESSIVE STRUGGLE BECOME LOST IN TRANSLATION?

A Patriot's Diary With Ekena Wesley What manner of Liberian progressives...

HAS PRESIDENT BOAKAI’S GOVERNMENT BEGUN BEARING GOOD FRUITS? (PART1)

By Jacob N.B. Parley Following a careful reflection, I have...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link