COVID-19: Kwara govt slashes 2020 budget by 29 per cent

The state executive council proposed that the budget be slashed to N114, 791,853,968 from N162,487,666,170

The Kwara State Government has proposed a 29.4 per cent downward review of the 2020 budget to N114, 791,853,968 from N162,487,666,170.pandemic, which has greatly affected the global economy.

Before now, the federal government and some state governments had also reviewed downward their budgets. The revised budget was presented by Commissioner for Finance and Planning, Oyeyemi Florence, at the cabinet meeting.The revised budget, according to the commissioner for communication, Harriet Afolabi-Oshatimehin, prioritises completion of ongoing capital projects and first-line charges such as payment of salary, gratuities and pension, and social spendings targeted at curbing abject poverty.

The proposal adjusted revenue to the state to N104 billion, down from the N150.2 billion in the approved budget.

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