The federal government says on Thursday that it will continue to borrow to fund the infrastructural needs of the country.
Minister of Finance, Budget and National Planning, Zainab Ahmed, stated this while briefing journalists at the State House, Abuja.
“If we say we will not borrow and therefore not build rails and major infrastructure until our revenue rises enough, then, we will regress as a country, we will be left behind, we won’t be able to improve our business environment and our economy will not grow,” she said.
She also said plans were in the offing to present a 2021 supplementary budget to the National Assembly for approval, to provide for COVID-19 palliatives, while a mid-year review of the budget will take place in June.
