The Osun State House of Assembly, OSHA, has received the Economic and Fiscal Update, Fiscal Strategy Paper and Budget Policy Statement from the Governor, Mr. Gboyega Oyetola.
The Speaker, Mr. Timothy Owoeye during the Plenary, explained that the paper is a review of the last budget performance of the state.
He noted that the paper would provide information on budget process for year 2022 to year 2024.
While commending the lawmakers’ performance at the last budget retreat, the speaker urged his colleagues to make use of knowledge acquired during the retreat to prepare for the forthcoming year’s budget.
He said the fiscal paper was in compliance with Appropriation Law of 2012 which mandated the Ministry of Finance to do the midterm review of budget in the fiscal year.
Mr. Owoeye urged the lawmakers to study the paper and come up with the needful points to work on during the next deliberation.
He then committed the paper to the House Committee on Finance and Appropriation to give the House full report on the paper.
Funmi Adekoya
pub-5160901092443552
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