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As a Deputy Minister in the MOFEP from March 2009 to January 2013, Terkper worked mainly on the Budget and Medium-Term Expenditure Framework (MTEF) as well as on revenue policy and administration. During the period, he became very active in working on government business in Parliament, including the passage of Bills and approval of ...
a document titled Medium-term Expenditure Framework Statement - This is to set forth a three-year rolling target for prescribed expenditure indicators with specification of underlying assumptions and risk involved (vide Section 6 A of the Act amended in 2012). [12]
To support the growth envisioned in the government's medium-term growth strategy, the Agenda for Transformation, Minister Konneh quickly introduced a Medium Term Expenditure Framework (MTEF), a multi-year rolling budget framework that began in the fiscal year 2012/2013 that saw an increase in public investments from a mere 7 percent of the ...
The merger led to an emphasis on coordinating the budget process and introducing output-oriented budgeting within a medium-term expenditure framework. [5] Many of these early reforms had a "cutting-edge dimension"; Uganda was one of the first countries in Africa to adopt a semi-autonomous revenue agency (the Uganda Revenue Authority ) as well ...
Jibrin was the chair of the yearly joint committee that modifies the federal government Medium Term expenditure and Fiscal Strategy Paper (MTEF) which deals with all the macro-economic indices that serve as the fore-runner for Nigeria's national budget both between the period 2011–2015. [16]
From June 2004, the Planning Commission gave a new name to the Five Year Plan – Medium Term Development Framework (MTDF). Thirty two Working Groups then produced the MTDF 2005–2010. Thirty two Working Groups then produced the MTDF 2005–2010.
Its average new auto loan yields 10.5%, and as its deposit cost gradually comes down, management sees room to add nearly 80 basis points to the net interest margin in the medium term.
The projects are original large-scale initiatives that look beyond their immediate locality. Flagship projects form part of the national development with complementary projects being undertaken in line with the medium-term plans, the budget outlook paper, and the medium-term expenditure framework.