Nigeria: Presidency Reviews 2018-2020 MTEF/FSP

22 November 2017

Abuja — The Presidency has submitted an amendment to the 2018 - 2020 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) to the Senate for consideration.This emerged as the Senate announced the postponement of debate on the general principles of the N8.612 trillion 2018 budget proposal.

The upper chamber said the shift was to allow it conclude work on the 2018-2020 MTEF/FSP.In the amendment to the MTEF, the presidency reduced the GDP growth rate from 4.5 per cent to 3.5 per cent.

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