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Saturday, May 20, 2017

Fiscal Framework Of Federal Govt's 2017 Budget...

Hmmmmm....I dont Understand somethings here....


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11 comments:

  1. AGELESS T20 May 2017 at 17:24

    I hope people can see what they intend to do with the recovered loots?

    Good stuff.

    ReplyDelete
  2. Lucile coconut oil,carrot oil and black soap Abuja 0705960532020 May 2017 at 17:27

    Hmmmmm,na wa

    ReplyDelete
  3. OLAWEALTH ANKARA 07037210981, KAURA MARKET, ABUJA20 May 2017 at 17:59

    2017 budget in May 20, 2017..
    Wehdone..

    ReplyDelete
  4. AGELESS T20 May 2017 at 18:01

    Stella the right side is the Revenue while the left is Expenditure. They should have put it in percentages for better understanding. I still have problems with the Recurrent Expenditure which outweighs the Capital Expenditure, but it's better than the previous years. It is the C.E that people get to benefit from directly in form of good roads, hospitals etc. R.E is various remuneration of staff at all levels.

    I also have problems with the fact that the budget is Deficit and not balanced at least (if not surplus). It's well sha.

    ReplyDelete
    Replies
    1. Anonymous20 May 2017 at 18:28

      As much as people like to see Capital Expenditure higher than recurrent expenditure, that can only happen if we can generate more revenue. Remember that it is the recurrent expenditure that pays for health, education and other "services". Also note that this is where federal civil / public service salaries and pensions are taken care of.
      So don't expect a drastic reduction in recurrent expenditure if you don't want someone you know in the public service to be impacted.
      However, with more revenue generation and cost efficiencies, there can be an increase in the capital expenditure.

      Delete
    2. AGELESS T20 May 2017 at 20:27

      True that, @anon 18:28

      Delete
    3. ARIANNA20 May 2017 at 23:11

      The kind of heads I like to be around @AGELESS T and ANONYMOUS.

      Delete
  5. Patt Eyaba20 May 2017 at 18:40

    Sad

    ReplyDelete
  6. Rappakatakata20 May 2017 at 19:38

    Ineffectual jargons. They keep messing our minds with needless macroeconomic stats and images that will not eventually change our plights.
    Between, that diagram is silent on what portion of the budget will eventually end with looters.

    ReplyDelete
  7. Photo94.blogspot.com21 May 2017 at 04:00

    I hope his budget helps our economy reshape for the better

    ReplyDelete
  8. OGABOSS21 May 2017 at 04:10

    Last year we had a deficit of over 2 trillion, this year we have a deficit of 2.3tn the painful part is that capital expenditure is 2.17tn that means we are even borrowing to fund recurrent

    ReplyDelete

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