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The Governor of Enugu State, Rt. Hon. Ifeanyi Ugwuanyi has signed the revised 2020 budget of N146,374,641,080.00 into law.

The revised 2020 budget is a reduction of the initial approved budgets of N169,557,658,300.00 by 23,183,017,220.00 signifying a 13.67 percent reduction.

The revised budget, which was in response to the negative consequences of the outbreak of Coronavirus Disease (COVID-19) on the economy, was passed by State House of Assembly on Wednesday, after its presentation to the public for inputs on Tuesday.

According to details of the new budget, the earlier approved recurrent and capital expenditures of N68,790,000,000.00 and N100,767,658,300.00 were revised to N69,790,000,000.00 and N76,584,641,080 representing 48 percent and 52 percent respectively.

Also in the approved revised budget, the state government made savings of N53,617,927,900.00 and added the sum of N27,455,910,680.

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