The Minister of State for Budget and National Planning, Zainab Ahmed, has said that the national economic recovery plan for the next three years will be ready by December 2016.

Ahmed made this known at an economics communications workshop in Abuja on Thursday stating that the plan would serve as a guide for the preparation of annual budgets and would be a continuation of the initiatives contained in the Strategic Implementation Plan for the 2016 budget.

She also added that the plan would clearly state the economic policies of the government that will guide the investment decisions by domestic and foreign investors.

“The plan is expected to build on the policies, initiatives, programmes and projects contained in the Strategic Implementation Plan for the 2016 budget. The economic recovery plan is expected to guide the economic management and budgeting process over the short to medium-term.

“Government will continue to put in place policies to expand the revenue base, plug leakages in the system, ensure greater transparency and accountability in the use of public funds, pursue job creation and support businesses and investments, especially local investments to grow.”

“Approach adopted for the preparation of the plan is highly participatory and all-inclusive, with the private sector being actively involved in the process,” she said. (TV360 Nigeria)

•Photo shows Budget Minister Udoma Udo Udoma.

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