‘Why 2018 budget may not be ready in first quarter’

Hopes of reversing some of the negative trends in the nation’s economy may be dimmed by the Federal Government’s inability to fix the problems that have bedevilled budget preparations.

In fact, some lawmakers have confirmed to The Guardian that not only has the much-anticipated resetting of the budget’s life cycle from January to December failed, the 2018 budget may not be passed in the first quarter of the new year.

Citing serious cases of lack of co-ordination and incompetence in the executive, the senators were frank about the fact that until a more pro-active approach was applied to budget planning, the nation’s budget woes would continue.
The Guardian, January 7, 2018

 

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