The Governor of Ondo state, Arakunrin Oluwarotimi Akeredolu, has presented the budget proposal of N191.6 billion for 2022 fiscal year to the Ondo State House of Assembly, which was tagged “Budget of Economic Re-Engineering”.
The 2021 budget was transmitted to the State House of Assembly for scrutiny by the Commissioner for Finance, Wale Akinterinwa who represented the governor.
The Governor said “the 2022 Budget projections represent an increase of 9.59 percent over the 2021 budget. Hence, the expansionary measures being pursued in the 2022 is carefully weighed option to weigh-in into the resultant fiscal resurgence envisage in 2022.
Commenting, the Speaker of the House, Bamidele Oleyelogun thanked the Governor for the timely presentation of the budget.