FG Sets Fiscal Milestone First Time In Over 20 Years As Capital Expenditure Exceeds Recurrent

Policy Statement 09 We have observed that for the first time in over two decades, capital expenditure funds are higher than allocations to recurrent. By the nation’s annual budget precedence, this is remarkable considering the age-long national aspiration to engineer a budget that is perceived as a true capital expenditure fiscal instrument.  A recurrent budget,…