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Dillon Proposes US$1 Remittance Levy to Fund National Development Projects

by Blamo N. Toe | The Liberian Investigator
May 20, 2026
in News
Reading Time: 3 mins read
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Published: May 20, 2026

CAPITOL HILL, Monrovia – Montserrado County Senator Abraham Darius Dillon has submitted a controversial but ambitious bill seeking to establish a national development financing mechanism through a fixed US$1 contribution on every remittance transaction sent to Liberia from abroad.

The proposed legislation, titled the “Diaspora Development Fund Act of 2026,” was formally submitted Tuesday, May 19, to the Liberian Senate for its first reading, with further debate and deliberations expected during second reading in keeping with Senate rules and procedures.

If enacted, the measure would create what proponents describe as a long-term, diaspora-driven development fund aimed at financing strategic infrastructure and socio-economic projects across Liberia.

In his communication to Plenary, Senator Dillon said the proposal was developed in consultation with the Diaspora Liberian Development Initiatives, a Liberia-focused organization headquartered in Bloomington, Minnesota, in the United States.

According to Dillon, the legislation seeks to harness Liberia’s large remittance inflows as a sustainable development financing mechanism independent of traditional budgetary limitations and foreign aid dependency.

Under the proposed framework, every qualifying remittance transaction originating outside Liberia and sent to beneficiaries within the country would attract a flat US$1 contribution toward the proposed Diaspora Development Fund, regardless of the amount being transferred.

“The principle behind this initiative is collective national participation,” Dillon stated in the communication. “Through the combined power of millions of remittance transactions each year, Liberia can establish a sustainable development financing mechanism independent of traditional budgetary constraints and excessive foreign aid dependency.”

Liberia’s diaspora community remains one of the country’s most important economic lifelines, sending millions of dollars annually to support families, education, healthcare, businesses, and local communities.

Supporters of the proposal argue that while remittances continue to sustain thousands of households, Liberia has lacked a structured institutional mechanism capable of directing a small portion of those financial flows toward long-term public development projects.

According to the draft legislation, the proposed Diaspora Development Fund would function as an independently managed “Patriotic Trust Fund” held in custodianship by the Central Bank of Liberia.

The Fund would reportedly operate outside the National Budget and include legal safeguards intended to protect it from political interference.

The proposal includes provisions for independent annual audits, public financial reporting, and the establishment of a representative Diaspora Development Board involving diaspora stakeholders and county-based representation.

The proposed board would oversee project selection, monitor implementation, and ensure transparency in the management of resources.

Political observers note that the strong emphasis on accountability appears aimed at addressing longstanding public concerns surrounding the management of public funds in Liberia.

Infrastructure, Education, Technology Among Priority Areas

If passed and effectively implemented, Dillon believes the Fund could support transformative development projects nationwide.

Among the priority investment areas identified in the legislation are electricity expansion, construction of vocational and technical institutions, training programs for scientists and healthcare professionals, internet and digital infrastructure development, industrial production hubs, safe drinking water systems, youth empowerment initiatives, agricultural development, sanitation programs, and community infrastructure projects.

The legislation envisions the Fund as a long-term national development support mechanism that would continue operating regardless of changes in political administrations.

Senator Dillon disclosed that several Liberian diaspora organizations across the United States, Europe, Canada, and Australia have already expressed support for the initiative.

The organizations include the Union of Liberian Associations in the Americas, the European Federation of Liberian Associations, the Federation of Lofa Associations in the Americas, the Liberian Association in Canada, and the Liberian Association in Queensland.

According to Dillon, Liberians abroad are increasingly seeking structured and sustainable ways to contribute directly to national reconstruction and development efforts back home.

Tags: Bernard Blue BensonDiaspora Development Fund ActLiberia remittance levySenator Abraham Darius Dillon
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Blamo N. Toe | The Liberian Investigator

Blamo N. Toe | The Liberian Investigator

Blamo N. Toe is an experienced Liberian journalist with more than eight years in the profession. Known for his investigative depth, ethical standards, and balanced reporting, he covers issues related to corruption, governance, politics, development, climate change, and solution-driven journalism. He holds a “C” Certificate in General Education, an Advanced Diploma in Journalism, and an Associate of Arts Degree in School Administration. He is currently pursuing a Bachelor’s degree in Public Administration and Management at the University of Liberia. A certified fact-checker with both local and international credentials, Toe serves as Senior Reporter for The Liberian Investigator and is the paper’s assigned correspondent to the Liberian Senate. He is the immediate past Secretary-General of the Legislative Press Pool (LEGISPOOL) and a full member of the Press Union of Liberia (PUL).

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