Investor Presentaiton
2.0
The Concepts of Budget and Public Finance.../3
The role of budgets in the economy of a country has changed
from the traditional statement of government receipts and
expenditure to a fiscal tool which is used for the accomplishment
of various socio-economic objectives.
■ The quality of preparation and implementation of a government's
budget goes a long way toward determining whether
development policies actually impact national well-being.
■ In many countries, Nigeria inclusive, government remains a major
player in the economy despite the role of the private sector as the
engine of economic growth.
The private sector requires a good understanding of the budget
process, and the resultant budget, to effectively play its role in the
economy. Regrettably, it would appear this is not generally the
case.View entire presentation