June 18, 2013

The Budget, Fiscal Policy And Service Delivery

The
paper discusses the Macroeconomic impact of budget and its process and how to
achieve an efficient and timely budget cycle.

Download Label
March 13, 2018 - 4:00 am
application/pdf
397.89 kB
v.1.7 (stable)
Read →


Publication Date:December, 2010

Document Size:25pages


This presentation focuses on three key budget relatedissues in Nigeria:

  • Fiscal policyimpact on macro-economy
  • Budget processthe budget cycle
  • Service deliveryprogramme-basedbudgeting

Background

  • Since 2003, there has been progress instrengthening public financial managementof the federal government of Nigeria;
  • However, in some respects there has beendeterioration in fiscal discipline and in thebudget process;
  • There has been limited improvement inservice delivery;




Related

 

Nigeria Economic Update (Issue 32)

Available data from the National Bureau of Statistics indicates a decline in oil and other petroleum production between 2015 and 2016. Crude oil production fell by 16 percent, from 777.5 million barrels in 2015 to 656.8 million barrels in 2016. This is also indicative of the number of exploratory rig count that fell from 15 rigs to 8 rigs in 2016. Similarly, Gas production declined by 10 percent to 2,711 million one thousand standard cubic feet (mscf) in 2016. The significant decline in crude oil and petroleum production, brings to perspective the extent of the damage caused on production pipelines by militants in the Niger Delta region in 2016. It is therefore important to invest national resources in maintaining domestic peace and security, especially in resource-rich regions of the country.

Foreign Aid And The Real Exchange Rate In The West African Economic And Monetary Union

This paper examines the relationship between foreign aid and the real exchange rate to determine how the competitiveness of the West African Economic and Monetary Union (WAEMU) is affected by foreign aid.