The Cross River State Government has forwarded a budget review and amendment proposal of N147,130,166,996 (One hundred and forty seven billion, one hundred and thirty million, one hundred and sixty six thousand, nine hundred and sixty six Naira ) to the State House of Assembly.

The amendment is to streamline the State’s estimates of revenue and expenditures in line with current economic realities. Approximately 16% of the amended budget expenditure has been earmarked for Covid-19 response programs for relief, restructuring & recovery.

According to the Commissioner for Finance, Asuquo Ekpenyong during a joint press briefing by the Ministry of Finance and Cross River State Internal Revenue Service on Monday at New Secretariat Complex Calabar, the world is experiencing one of the worst health crisis in the last century which has lasted more than expected and has adversely affected all countries across the world.

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