#PFMDAILY 2: Where is the Fiscal Responsibility Commission?
The Fiscal Responsibility Act is made as an Act to provide for the prudent management of the nations resources, ensure long term macroeconomic stability of the national economy, secure greater accountability and transparency in fiscal operations within a medium-term fiscal policy framework and the establishment of the Fiscal Responsibility Commission to ensure the promotion and enforcement of the nation’s economic objectives; and for related matters.
Where is the Fiscal Responsibility Commission?
Despite Nigeria’s fiscal challenges, the govt has failed to appoint members of the Commission. Executive action is needed to empanel the Commission.