More
    HomeBusinessFinance Minister to give 2023 Budget Breakdown Wednesday

    Finance Minister to give 2023 Budget Breakdown Wednesday

    Published on

    By Tony Obiechina, Abuja

    The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed will on Wednesday make public a comprehensive breakdown of the highlights of the 2023 Budget estimates, totaling N20.51 trillion.

    President Muhammadu Buhari had on Friday, 19th of October, presented the 2023 Budget estimates christened “Budget of Fiscal Consolidation and Transition” to the joint session of the National Assembly.

    The President had disclosed that sources through which the budget deficit will be funded include, new borrowings totalling N8.80 trillion, N1.77 trillion drawdowns on bilateral/multilateral loans secured for specific development projects/programmes and Privatisation Proceeds, amounting to N206.18 billion.

    An Invitation for the public presentation and breakdown of the Budget was signed by the Director General of the Budget Office of the Federation (BOF), Mr Ben Akabueze.

    It was addressed to: “All Heads of Federal Government Ministries, Departments and Agencies; Repreentatives of States and Local Governments, Private Sector Operators and Associations; Captains of Commerce and Industries; Development Partners; Civil Society Organizations; Media Practitioners and other relevant stakeholders”.

    According to the Invitation, the event is scheduled to hold both virtually and physically at the main auditorium of the Federal Ministry of Finance, Budget and National Planning, Abuja.

    Latest articles

    Otti’s chances of re-election less than 30 percent – Abia APC

    Abia State chapter of the All Progressive Congress, APC, has told Governor Alex Otti...

    ‘He’s no longer performing’ – Arteta told to drop Saka from Arsenal’s right wing

    Former Premier League player, Jamie Redknapp has proposed that Mikel Arteta should use Noni...

    Bellingham names two Real Madrid players who always inspire teammates in difficult moments

    Real Madrid midfielder, Jude Bellingham, has identified Vinicius Junior and Federico Valverde as the...

    England squad: I’m shocked – Tim Sherwood on Tuchel’s decision to ignore Real Madrid star

    Former Tottenham manager, Tim Sherwood, has admitted he is shocked that England manager Thomas...

    More like this

    Otti’s chances of re-election less than 30 percent – Abia APC

    Abia State chapter of the All Progressive Congress, APC, has told Governor Alex Otti...

    ‘He’s no longer performing’ – Arteta told to drop Saka from Arsenal’s right wing

    Former Premier League player, Jamie Redknapp has proposed that Mikel Arteta should use Noni...

    Bellingham names two Real Madrid players who always inspire teammates in difficult moments

    Real Madrid midfielder, Jude Bellingham, has identified Vinicius Junior and Federico Valverde as the...