The Nasarawa State Debt Management Department has published its First Quarter Report for the year 2021
The aim of this report is to guide Nasarawa State on Strategies of debt sustainability analysis. The DSA analyzes trends and patterns in the state’s Public Finances during the period of 2015-2019, and evaluates the debt sustainability in the long-term (2020-2029). the analysis highlights recent trends in revenue, expenditure and public debt, and the related policies adopted by the State. A debt sustainability assessment is conducted, including scenario and sensitivity analysis in order to evaluate the prospective performance of the State’s Public Finance.
The Arrears Clearance Framework is designed to address the challenges involved in the gradual settlement of accumulated government arrears of Nasarawa state. In the bid to achieving this, His Excellency Engr. Abdullahi A. Sule the Executive Governor of Nasarawa State set up a Debt Arrears Committee (DAC), headed by the Honourable Commissioner of Finance, Budget & Planning to ascertain, verify and authenticate available records of Domestic Expenditure Arrears comprising of all financial obligations, that have been incurred since creation of Nasarawa State for which payments have not been made as at due date.