cbn statement, 2012-01-31
However, the benefits are conditional on a transformation of the fiscal system (1) to bring into compliance with provisions of Fiscal Responsibility Act 2007; (2) to significantly cut the waste in recurrent and capital budget; (3) to significantly raise the share of investments in infrastructures and (4) to shifts to performance budgeting from the current line item budget.
Sentiment: neutral
Topic: fiscal_policy