Ishaku presents N68.8bn for Taraba 2016 budget
Taraba State Governor Darius Ishaku yesterday presented N68,810,133,885 as budget estimate for the 2016 fiscal year to Taraba State House of Assembly.
A breakdown of the budget showed that the recurrent expenditure took N42.7 billion representing 62.10 per cent, while capital expenditure got N26.08 billion representing 37.90 per cent.
The sectoral breakdown of the budget indicated that housing got the highest share of the budget proposal with N4.8 billion. Education and reform of government and governance got over N3 billion each, while roads construction and health came third on the priority list with over N2 billion each.
Tagged “Budget of Rescue”, Governor Ishaku said the 2016 budget was prepared bearing in mind the economic realities of the time and with certain financial projections the state was expecting in the 2016 fiscal year.
Ishaku informed the house that he had directed that by end of February 2016, a strategic framework for implementation of the Rescue Agenda manifesto be developed to serve as basis for the annual budget of the state from 2015 to 2019.
He noted that areas affected by civil unrest in the past years will be given due consideration even as he informed that the strategic framework will be linked with the state cash flow to keep focus on the implementation of the Rescue Agenda.
- National Mirror