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 39)

Nigerias external reserve fell marginally by from $25.36 billion to $25.16 billion. The decline likely reflects the continued sales of dollar by CBN amid fall in oil revenue. Similarly, the naira/dollar exchange rate depreciated marginally by 0.5 percent to N424/$ at the parallel segmentas also seen in preceding weeks. The continued depreciation likely points to banks low level compliance to CBNs dollar sales directive made in August, 2016, thus creating artificial dollar scarcity in the parallel market.