THE 2023 BUDGET: MATTERS ARISING Who has responsibility for the preparation of the annual budget? asks Boniface Chizea On January 4, 2023, I had 30 minutes virtual interview with C
On January 4, 2023, I had 30 minutes virtual interview with Channels Television on Budget 2023. This will then represent the second occasion that I have been privileged to be on the same program in one week. The first appearance which happened December 29, 2022 took place also virtually from my home base at Asaba. I thank Chamberlain Uso the coordinator of the Sun Rise program at Channels for his unflinching confidence over so many years now regarding my ability to interpret budget proposals.
Let’s look at some of the legacies of this administration. These are the introduction of Finance Bill which specifically focus attention on strategies for the funding of the budget and the other is the return of the budget cycle to harmonize it with the calendar year as it is the case with most other countries of the world.
We have recommended in the past that one known strategy for speedy, seamless approval of the budget is to adopt collaborative approach between the Executive and the Legislature during the preparation stage. With this approach, legitimate interests of members of the National Assembly could be accommodated without much rancor beyond the glare of the public.
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