The 2016 budget has finally been signed by the President and that is great news, but there’s a next step and that is implementation. For this purpose the strategic implementation Plan (SIP) has been created and released by the Federal Government to govern the use of the budget funds. The Federal Government further explained that the SIP is a compendium of high-level interventions that it will initiate/complete this fiscal year.
The Federal government said in a series of tweets “The SIP has been put together by the Min of Budget & National Planning, and the Economic Management Team under the leadership of Vice President Professor Yemi Osinbajo. The SIP will be both a source of info on government priorities for 2016, as well as a means of tracking progress.
It assembles the Budget Interventions, and Fiscal, Monetary, Trade and Investment Policy Reforms to reflate and reposition the Economy. It also outlines more than 30 Specific, Measurable Priority Actions to be completed across 6 Strategic Intervention Areas,”
You can check out the full details below: