• Wednesday, May 22, 2024
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FG plans to achieve 15 percent Revenue to GDP ratio by 2023 – Finance Minister

The Federal Government plans to achieve a revenue-GDP ratio of 15 percent from 2023, the minister of finance has said.

This means the country has raised by three times its revenue-to-GDP ratio, which currently stands at 8 percent, Zainab Ahmed said Tuesday at Deloitte 2020 Economic Outlook conference holding in Lagos.

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Ahmed believes this would be achievable, with the Finance Bill accompanying the Appropriation Bill going forward.