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Buhari presenting 2021 budget
Editorial

Economic recovery: Implement 2021 Budget correctly – Part 3

6 years ago

[FILES] President Muhammadu Buhari Presentimh the 2021 Budget at the Joint Sitting of the National Assembly Abuja. PHOTO Philip Ojisua

Two, when government implements the budget by spending realised revenue or records ex-post budget surplus, the inflation expectation is practically zero. But because inflation tends to exceed zero, the existing (guiding) fiscal and monetary laws clearly specify the economically healthy level of inflation....

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