FG projects N11.86trn expenditure for 2021

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The Federal Government has projected an aggregate expenditure of N11.86 trillion for 2021. The Minister of Finance, Budget and National Planning

The Federal Government has projected an aggregate expenditure of N11.86 trillion for 2021.

Ahmed said the aggregate projected revenue from available sources for 2021 would be N6.98 trillion while the fiscal deficit was expected to be N5.16 trillion. “It is being framed against the backdrop of a challenging global macroeconomic environment as well as domestic factors. The minister noted that the 2021-2023 draft had been prepared against the backdrop of heightened global economic uncertainty.

 

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