Budget: Economic recovery plan ready by December – FG

The Federal Government has again reiterated its commitment to reflating the depressed nation’s economy, even as it hinted that the national economic recovery plan for the next three years would be ready by December.

The Minister of State for Budget and National Planning, Mrs. Zainab Ahmed, who stated this at an economics communications workshop in Abuja, weekend, explained that the plan would serve as a guide for the preparation of annual budgets.

She added that it would be a continuation of the initiatives contained in the Strategic Implementation Plan for the 2016 budget.

Ahmed said: “The plan is expected to build on the policies, initiatives, programmes and projects contained in the Strategic Implementation Plan for the 2016 budget. The economic recovery plan is expected to guide the economic management and budgeting process over the short to medium-term.

Government will continue to put in place policies to expand the revenue base, plug leakages in the system, ensure greater transparency and accountability in the use of public funds, and pursue job creation and support businesses and investments, especially local investments to grow,” she said.

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