Monrovia, Liberia — In an effort to ease the economic burden on struggling families, a Liberian lawmaker has announced plans to introduce a proposal for the creation of a USD 25 million Social Safety Net Fund. The initiative is aimed at helping vulnerable citizens pay school fees and rent during these difficult times.
The lawmaker, speaking ahead of Thursday’s legislative session, emphasized the urgent need for government intervention to support citizens facing economic hardship.
“When the town is hard, the government must intervene. Even the great United States provides relief through food stamps and other social programs,” the lawmaker stated.
According to the proposal, the fund would be financed through a combination of cost-cutting measures and resource reallocation. These include reducing lawmakers’ benefits, limiting foreign travel, cutting down on vehicle purchases, redirecting funds from the Liberia Petroleum Refining Company (LPRC), and borrowing from NASSCORP.
The lawmaker stressed that the initiative is not just timely but necessary, given the growing economic pressure on ordinary Liberians.
“Our people are restless and crying for relief. The town is hard, and we must act now!” the lawmaker declared.
The proposal is expected to generate debate on the House floor, as lawmakers weigh the cost of the initiative against its potential impact on struggling households.