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FG’s committee to correct errors in Finance Act 2020

by 21st Century Chronicle
February 3, 2021
in Finance
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The anomalies that came up from the implementation of the Finance Act 2020 would be corrected, the Fiscal Policy Reforms Committee has assured.

Mr. Bode Oyetunde, Senior Special Assistant to the President on Finance and Fiscal Matters and secretary of the committee said at the
Finance Act 2020 virtual stakeholder consultation meeting that appropriate measure would be taken if fiscal enactment is required to
adjust the 2021 Appropriation Act.

“There may be some fiscal enactment before the middle of the year to adjust the 2021 Appropriation Act and if so, the Fiscal Policy Reforms Committee will take the opportunity to correct any perceived errors in the Finance Act 2020,” he said.

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The anomalies that came up from the implementation of the Finance Act 2020 would be corrected, the Fiscal Policy Reforms Committee has assured.

Mr. Bode Oyetunde, Senior Special Assistant to the President on Finance and Fiscal Matters and secretary of the committee said at the
Finance Act 2020 virtual stakeholder consultation meeting that appropriate measure would be taken if fiscal enactment is required to
adjust the 2021 Appropriation Act.

“There may be some fiscal enactment before the middle of the year to adjust the 2021 Appropriation Act and if so, the Fiscal Policy Reforms Committee will take the opportunity to correct any perceived errors in the Finance Act 2020,” he said.

Tags: Finance Act 2020Fiscal Policy Reforms Committee

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