The Delta government has earmarked N714 billion for the 2024 fiscal year.
The state Commissioner for Economic Planning, Sonny Ekedayen, disclosed this in Asaba on Friday during the 2024 budget defence meeting by Ministries, Departments and Agencies (MDAs).
Mr Ekedayen also said that out of the estimated N714 billion, N393 billion would be for capital expenditure, while the remaining would go for recurrent expenditure and other expenses.
On the performance of the 2023 budget, the commissioner gave it a 70 per cent rating, explaining that it was an election year.
He also said the state government had increased its internally generated revenue (IGR) from N95 billion last year to N105 billion in 2023.
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Mr Ekedayen noted that the focus of the 2024 budget would be on quality projects that would directly impact people’s lives, adding that it would hinge on fiscal discipline.
He, therefore, urged MDAs to align with the state government’s policy to choose projects carefully that could be executed and finished on time and not just litter everywhere with unfinished or poorly executed projects.
“We will live within our means by taking into account cost-effectiveness, efficiency, impactful delivery, and I urge MDAs to present budgets aimed at advancing meaningful developments, opportunities for all, realistic reforms and enhanced peace and security (MORE) Agenda of the governor,” he said.
Mr Ekedayen further said the state government would also, in the 2024 budget, look at areas and sectors that would drive the state economy and make the living standard of the people a little better than what it was before.
(NAN)
