Othello Sarweh Nimely
MONROVIA–Many Liberians have spurned the proposed Diaspora Development Fund Act of 2026 currently before the Liberian Senate, describing the planned US$1 charge on every remittance transaction as an additional burden on struggling families already facing economic hardship.
The proposed legislation, submitted by the Senate Caucus Committee on Diaspora Affairs, seeks to establish a Diaspora Development Fund (DDF) intended to finance community and national development projects through contributions from Liberians living abroad.
Under the bill, a flat rate US$1 fee would be deducted from every remittance transaction sent to Liberia, regardless of the amount transferred.
The committee headed by Abraham Darius Dillon argued that the fund would provide a transparent and sustainable financing mechanism for development initiatives in sectors such as education, healthcare, agriculture, infrastructure, sanitation, technology, and youth empowerment.
However, the proposal has triggered widespread public backlash, with many citizens questioning the timing of the measure amid high living costs and growing economic pressure across the country.
Critics argue that remittances serve as a livelihood for thousands of Liberian who depend on family aboard for survivors and should not be subjected to additional charges.
Many citizens contend that the government already generates revenue through taxes and the national budget to support the sectors outlined in the proposed fund.
Several Liberians have called on lawmakers to instead reduce government spending, cut the salaries and benefits of public officials, and enforce stricter fiscal discipline before introducing new levies on ordinary citizens and members of the diaspora.
“Despite the collection of taxes and other revenues, the Senate is still seeking another means to suppress ordinary people. This is wickedness,” one social media commenter lamented.
Others also questioned existing charges already associated with remittance transactions, including withdrawal fees imposed by money transfer agencies and financial institutions.
For many years, remittances have remained one of Liberia’s most reliable sources of household income and foreign exchange earnings, helping families pay school fees, medical bills, rent, and daily living expenses.
Citizens further argued that many ordinary Liberians are already struggling under increasing government regulations and restrictions affecting informal businesses and street selling, which many families rely on for survival.
Citizens say, they cannot cope with the bill if enacted, as such it should not be given attention.
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