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Ondo State's N492.8bn 2025 Budget Aims for Fiscal Sustainability Amid Economic Challenges

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Ondo State's N492.8bn 2025 Budget Aims for Fiscal Sustainability Amid Economic Challenges

Ondo State's budget for 2025, presented by Governor Aiyedatiwa, focuses on sustaining the state's fiscal rebirth by prioritizing infrastructure development and economic recovery. The budget of N492.8 billion reflects a realistic approach to managing the state's finances, considering revenue limitations and debt burdens.

Aiyedatiwa's plan aims to transition the state towards long-term prosperity and inclusive development, acknowledging the risks associated with dwindling federal revenue and inflation. The budget emphasizes capital projects to drive economic growth and reduce administrative overhead, signaling a shift towards sustainable economic gains.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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