President Muhammadu Buhari has sent the 2017-2019 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, to the National Assembly, ahead of the 2017 budget.

A letter to this effect was read by the Speaker of the House of Representatives, Yakubu Dogara, at plenary on Tuesday.

The letter pointed out that the documents were designed against the backdrop of an adverse global economic environment, and would provide the framework for the development of 2017 budget.

“In this regard, the 2017-2019 MTEF and FSP articulates the Federal Government’s economic, social and developmental objectives as well as the strategies for achieving these defined objectives and priorities,” the president’s letter read.

“I hereby forward the 2017-2019 MTEF and FSP to the House of Representatives and trust that it would be kindly considered and expeditiously approved so as to move the 2017 federal budget preparation process forward.”