2017 Budget achieved 86% performance – Udoma

The federal government 2017 budget recorded an 86 per cent implementation, the Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has disclosed.

He told Vanguard in an interview on the sidelines of the just concluded 2018 Annual Meetings of the International Monetary Fund (IMF) and the World Bank, in Bali, Indonesia, that although the performances of the ministries and agencies of the federal government varied, it was generally an impressive record.

According to the minister, “Overall, the 2017 budget implementation was about 86 per cent. Capital releases was at N1.44 trillion, the highest ever, while recurrent was almost 100 percent. All debt service obligations were fully met.”

Vanguard, October 16, 2018

 

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