Tag: Borrowing Plan
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2019 Budget: Senate approves FG’s N1.64tr borrowing plan
The Senate on Tuesday adopted the N1.64 trillion proposed by the Executive for new borrowing to fund this year’s budget deficit. The upper chamber also approved the proposed N500 billion special social intervention funds. The adoptions were parts of the 2019-2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) passed Tuesday by the…
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No Cause For Alarm Over FG’s Borrowing Plan – Finance Minister
…says revenue growing successfully The Minister of Finance, Mrs Zainab Shamsuna Ahmed, has assured Nigerians that there is no cause for alarm over Federal Government’s borrowing as it still remains within the fiscal limits. The minister made the disclosure in a statement signed by the Special Adviser to the Minister of Finance on Media and…