Anambra State House of Assembly has passed the N607 billion 2025 budget.
Recall that Governor Chukwuma Soludo had on November 19, presented the budget to the Assembly.
In a post budget passage media briefing, Mr Ejike Okechukwu, Chairman House Committee on Finance and Appropriation/media and publicity said the budget was passed as presented by the governor.
However, Okechukwu said that though the overall budget size was not altered, there were realignments between and across Ministries, Department and Agencies within the envelope.
He said that the budget projected and estimated recurrent N139.5 billion representing 23 percent while N407,5 billion representing 77 percent would be for capital expenditure.
“The budget size did not have any change from what the governor presented but there were Internal changes, some codes were changed to enable government access funds lying there to meet urgent needs.
“Some institutions like Chukwuemeka Odumegwu Ojukwu University and Nwafor Orizu College of Education had more funds allocated to their recurrent expenditures and subvention to enable them run more effectively,” he said.
The Chairman expressed the hope that the Executive will record over 80 percent implementation of the 2025 budget.
