By Taiye Odewale Abuja–
President Muhammadu Buhari has sent the 2018-2020 MediumTerm Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the Senate
The submission of the documents usually precedes the presentation of the budget estimates to the National Assembly
In a letter read by the Senate President, Bukola Saraki, yesterday, Buhari said the MTEF and FSP were structured against the backdrop of “a generally adverse global economic uncertainty
” “I am pleased to submit the 2018-2020 MediumTerm Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the Senate
Let me use this opportunity to express my gratitude for the enduring partnership between the legislative and executive arms of government
“Pursuant to provisions of the Fiscal Responsibility Act, 2007, the preparation towards the submission of the 2018 budget to the National Assembly is progressing well
He said the MTEF and FSP were prepared against the backdrop of a generally adverse global economic uncertainty as well as fiscal challenges and recovery in the domestic economy to ensure that planned spending is set at prudent and sustainable levels consistent with government’s overall development objectives and inclusive growth
In a separate letter, the president also sought Senate’s approval forNigeria Centre for Disease Control and Prevention Establishment Bill 2017
“I forward therewith for your kind consideration and passage into law, a Bill for an Act to Provide for the Establishment for Nigeria Centre for Disease Control and Prevention,” he said
