Posted by Amarachi on Tue 16th Aug, 2022 - tori.ng
The federal government under Buhari is determined to ensure consistent and timely preparation, submission and approval of annual budgets as part of its Public Financial Management (PFM) reforms.
President Muhammadu Buhari
President Muhammadu Buhari will be presenting the 2023 budget to the national assembly in 2023.
Director General, Budget Office of the Federation, Ben Akabueze revealed this in Abuja during a training on budget preparation using the Government Integrated Financial Management Information System.
Akabueze who was represented by the Director, Expenditure (Socials) in the Budget Office, Mr Fabian Ogbu, said the federal government under Buhari is determined to ensure consistent and timely preparation, submission and approval of annual budgets as part of its Public Financial Management (PFM) reforms.
He also lamented that MDAs do not study the Budget Call Circular in detail and as such make mistakes that should ordinarily be avoided if they had complied with the relevant sections of the Budget Circular.
Akabueze said;
“The main goal of this training is to provide continuous learning to equip budget personnel with the requisite knowledge, skills and the tools they require to prepare and submit the 2023 budget.
“It has been observed that MDAs do not study the budget circular in detail, as such make mistakes that should ordinarily be avoided if they had complied with relevant sections of the budget cycle.”
Channels Television reported that Akabueze who pointed out that the 2023 budget is also being prepared in tandem with extant federal government policies and guidelines as articulated in the 2023 Budget Call Circular and other relevant laws/regulations, added that one of the modules at the training would address key items and sections to note in the 2023 Budget Call Circular.