Posted on May 14, 2020
THE Federal Executive Council (FEC) has approved a revision of the 2020 Budget from N10.594 trillion to N10.523 trillion, reflecting a N71.5billion downward review.
Minister of Finance Budget and National Planning, Mrs Zainab Ahmed, who stated this while briefing State House correspondents after the virtual FEC meeting at the State House yesterday, also said an amendment to the Medium Term Expenditure Framework(MTEF) for 2020-2022 was approved.