On Tuesday, the Finance Minister, Seth Terkper presented to Parliament, the 2015 min-year budget review.
His address gave an account of the first five months of government’s implementation of the 2015 budget.
Among other things, Mr. Terkper disclosed that the nation’s expected economic growth of 3.9% for 2015 cannot be met.
He also indicated that the overall budget deficit target, according to the Minister, has been revised from 6.5% of GDP to 7.3%.
Inflation has also been reviewed upward; from 11.5% to 13.7%.
Click on link below to read the full statement on the 2015 mid-year budget review