Home | About Us | FAQs | RSS | Contact Us | Sitemap | Careers | Educational | Freedom of Information    

Monetary Policy

MPC Mandate of the CBN | Fiscal Policy | Committees | Calendar of Meetings | Educational | FAQ's | Policy Decisions | Policy Communiques | Intl. Economic Cooperations | Monetary Policy Review | Policy Measures | Understanding Monetary Policy Series | Monetary, Credit, Foreign Trade and Exchange policy Guidelines | Monetary Policy Committee Reforms | AfCFTA

The Conduct of Fiscal Policy

Fiscal Policy 1990
The 1990 budget, being the first year of the National Rolling Plan was aimed at consolidating and sustaining our national development with greater emphasis on dampening of inflationary pressures, curbing of excessive monetary expansion, streamlining of government revenue- expenditure imbalances, moderation of exchange rate fluctuations and vigorous implementation of all existing measures designed to boost actual non-oil export receipts.

In 1990, the fiscal operations of the Federal Government resulted in an overall deficit of N23, 357.0 million compared with N15, 266.1 million and N12, 160.9 million in 1989 and 1988 respectively. While the retained revenue of the federal government stood at N37, 792.1 million, total expenditure (recurrent and capital) of the Federal Government was N61, 149.1 million.

Facts : 12/12/2000
The West African Monetary Institute (WAMI):The West African Monetary Institute (WAMI) - http://www.wami-imao.org/ is saddled with the responsibility of facilitating the realization of the single monetary union of the WAMZ. The institute is located in Ghana.
See All: Facts | Events