Monetary Policy
Mandate |
Fiscal Policy | Conduct
of MPC | Committees |
Educational |
FAQ's
Policy Decisions |
Policy Communiqués |
Intl. Economic Cooperations
The Conduct of Fiscal Policy
Fiscal Policy 1992
The thrust of the 1992 budget was to consolidate the gains of the
economic restructuring programme aimed at promoting greater efficiency,
productivity and increased employment.
The federal government’s revenue from all sources rose from N32, 223.5
million in 1991 to N63, 564.8 million in 1992. The government’s total
expenditure rose by N40, 192 million or 59.5 per cent from
N67, 529.7 million in
1991 to N107, 723.3 million in 1992. The expenditure exceeded the budget
provision by N55, 687.3 million or 107.1 per cent. Overall, the Government’s
fiscal operation resulted in a deficit of N44, 158.5 million, an increase of
N8,
402.6 million or 23.5 per cent over 1991 and against the projected surplus of
N2, 100.0 million in fiscal 1992.
| Facts : 1/1/1966 |
|---|
| Central Bank of Nigeria, Enugu Branch:In the year 1966, The Central Bank of Nigeria Branch in Enugu was opened.It was the fourth Central Bank Branch that was established, bringing to 4, the number of Central Bank offices in Nigeria at that time. |
| See All: Facts | Events |
| Related Links |
|---|
