COVID- 19: Reposition your Fiscal Revenue Management Systems, FG tells Governors
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***Say this year has presented us with a perfect storm of difficulties to deal with
By Henry Umoru
FOLLOWING the outbreak of the Coronavirus COVID-19 pandemic and its impact on the economic and fiscal revenue outlook for 2021, the Federal Government has urged the governors of the thirty-six states of the Federation to strategise and reposition their fiscal revenue management systems for this era called the ‘new normal’.
According to the Federal Government, with the impact of COVID-19, the revenue outlook for 2021 depends on the willingness of State governments to embrace the right tools, technology, and strategies to transform, enhance as well as strengthen revenue growth and sustainability, and adopt what it termed, cost optimization plans.