House of Reps receives MTEF report

NEWS DIGEST – The House of Representatives on Wednesday recieved the report of its Committee on Finance on the Medium Term Expenditure Framework and Fiscal Strategy Paper(MTEF) for 2022 to 2024.

The MTEF/FSP is the template on which the annual budget preparation is based.

The MTEF document, submitted to the National Assembly in July, was referred to the House Committee on Finance to interrogate and make recommendation to the House before the 2022 budget is presented by the President.

The Committee Chairman, James Faleke, submitted the report to the House at Wednesday plenary.

It was earlier scheduled for presentation and consideration on Tuesday but was stepped down.