Buhari begins process of 2017 budget, sends MTEF to National Assembly

 

President Muhammadu Buhari on Tuesday sent the 2017-2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), ahead of the 2017 budget, to the National Assembly. A letter accompanying the document was read by the Speaker of the House of Representatives, Yakubu Dogara, at plenary.
The letter stated that the document would provide the framework for the development of 2017 budget.

President Muhammadu Buhari on Tuesday sent the 2017-2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), ahead of the 2017 budget, to the National Assembly.
A letter accompanying the document was read by the Speaker of the House of Representatives, Yakubu Dogara, at plenary.
The letter stated that the document would provide the framework for the development of 2017 budget.

“I hereby forward the 2017-2019 MTEF and FSP to the House of Representatives and trust that it would be kindly considered and expeditiously approved so as to move the 2017 federal budget preparation process forward.”
Meanwhile, the federal government has highlighted programmes to boost the economy to cushion the effects of recession.