By Festus Ahon
DELTA State Commissioner for Economic Planning, Dr Barry Gbe, has said the newly reconstituted State Executive Council had approved a N425 billion “indicative budget” for 2022.
Gbe disclosed this while briefing newsmen after the maiden EXCO meeting presided over by Governor Ifeanyi Okowa.
He said the council approved the proposal after due consideration of the Medium Term Expenditure Framework and the Fiscal Strategy Paper, MTEF and FSP, in line with the Fiscal Responsibility Law 2020.
He said his ministry had proposed a budget of N388 billion for the period but that the figure was jerked up by the council to accommodate other matters not envisaged earlier
He said: “After deliberations, debates and a deeper look into what 2022 should look like, in its wisdom, the State Executive Council increased the N388 billion that was recommended to N425 billion.
“It is not full and final. So, we will be going…
Source: Vanguard Newspaper
