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Finance Minister presents DRAFT 2020 – 2022 MEDIUM TERM EXPENDITURE FRAMEWORK & FISCAL STRATEGY PAPER (MTEF/FSP)

Finance Minister presents DRAFT 2020 – 2022 MEDIUM TERM EXPENDITURE FRAMEWORK & FISCAL STRATEGY PAPER (MTEF/FSP)

 

The Minister of Finance, Budget and National Planning; Zainab Shamsuna Ahmed has presented the 2020 – 2022 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP.) alongside the Minister of State for Budget and National Planning; Prince Clem Agba and other key stakeholders.

The presentation was at a public consultative forum at the auditorium, Ministry of Finance, Budget and National Planning Headquarters in Abuja Nigeria. The MTEF/FST is aimed at sustaining growth and diversifying the productive base of the economy, which would in the long term reduce the rate of unemployment in the country and boost inclusive growth.

The MTEF is in line with the Economic Recovery Growth Plan (ERGP) developed by the ministry, which ushered the country out of recession and launched her on the path of economic recovery. Except for a few months, inflation has continually declined since January 2017 from 18.72% to 11.08% in July 2019.

The MTEF and 2020 budget (draft) will add value to the effort at national growth and development through improved revenue collection and expenditure management.

Click link below to access MTEF/FSP

https://www.budgetoffice.gov.ng/…/hmfbnp-mtef-fsp-2020-2022…

 

 

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