Wednesday, November 29, 2023

Ondo State Media Group hosts extraordinary edition of Roundtable on Budget 2020 and COVID-19

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An extraordinary edition of Roundtable comes up today with the focus as BUDGET 2020 & COVID-19 : Challenges and Prospects

The programme which will be broadcast live on OSRC TV, Alalaye FM, Orange FM as well as LIVESTREAM ON FACEBOOK and YOUTUBE holds from 2-4pm

In a Statement by the Chairman and Chief Executive of the Media Group, Kunle Adebayo the programme will feature the Commissioner for Economic Planning and Budget, Emmanuel Igbasan as Special Guest while journalists and invited members of the public will be the studio audience

The 2020 Budget was signed into Law on the 31st of December, 2019 after all budgetary processes had been completed, thereby paving way for commencement of the implementation of the Budget with effect from 1st of January, 2020.

However, two months into the year, Coronavirus pandemic broke out, leading to worldwide lock-downs which resultantly turned down the world economy, and indeed changed the permutations of the macro-economic variables like crude oil price and production benchmarks, inflation and exchange rates among others used in making forecasts for 2020 Budget, both at the State and National levels.