Gombe State Executive Council Approves Forward-Looking 3-Year Financial Framework
The Gombe State Executive Council has greenlit a comprehensive three-year Medium Term Expenditure Framework (MTEF) for submission to the State House of Assembly. This approval sets the stage for further legislative deliberation and endorsement by the state’s lawmakers, charting a strategic financial plan. The framework serves as a roadmap, delineating Gombe State’s anticipated financial trajectory over the next three years. Speaking to the press post-meeting, Mr. Salihu Baba Alkali, the State Commissioner for Budget and Economic Planning, highlighted the document’s depth, encompassing various assumptions derived from diverse economic landscapes—international, national, regional, and state-level contexts. The MTEF’s preparation involved a meticulous assessment of revenue and expenditure parameters, ensuring a comprehensive and inclusive approach to financial planning.
Additionally, Mr. Mijinyawa Tilde, the Commissioner of Information and Culture, emphasized that the approval of the three-year MTEF underscores the state government’s commitment to prudent financial planning and responsible fiscal management. This step aims at optimizing resource allocation for developmental projects and fostering sustainable growth.
