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Tuesday, January 13, 2009

Fiscal and Budget Management System Principles, Issues and Debates

Femi Aborisade
Centre for Labour Studies (CLS) and Department of Business Administration
and Management Studies The Polytechnic, Ibadan, Nigeria
centreforlabourstudies1@yahoo.co.uk aborisadefemi@yahoo.com

The budget is a government’s key financial plan. It should enable the government to achieve the main international objective of poverty reduction by ensuring that basic services (including, health, education, water, housing, electricity) are available to all citizens and that progressive taxation is used to fund these services and reduce the prevailing levels of inequality. This paper considers Nigeria as an example of a major developing country and considers the extent to which the government’s budgetary process is achieving these objectives. It also considers some of the major current debates around fiscal and budget management.

Aborisade Fiscal and Budget Management System Principles, Issues and Debates

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