Skip to main content

Posts

Showing posts from April 7, 2016

The strategic implementation plan for the 2016 budget-VP ProfM Yemi Osinbajo

We acknowledge the pains you face and are concerned about them. There are a multitude of things that require decisive action. We are taking action and in due course they will produce satisfying outcomes. Our determination is firm and unrelenting. Consequently, I am pleased to share President Muhammadu Buhari's strategic implementation plan for the 2016 budget. This Strategic Implementation Plan articulates 6 thematic Strategies and 33 priority actions which will constitute the short-term priority of the Federal Government over the next 12 months. 1. Lasting Changes in the Policies, National Security and Governance. ● Achieve an Appropriate Foreign Exchange Regime ● Increase low interest lending to the Real Sector. We will need to move toward a single digit interest rate. ● Maintain Capital Spending in the Budget at a minimum of 30%. Complement this with funds from the Infrastructure Fund for commercial projects ● Intensify the Implementation of Public Financial Managem...