#Ondo2019Budget
The 2019 Budget is the second major budget to be prepared by this Administration, and so, our emphasis will be to consolidate and build on the feats achieved in 2018. To this end, our objectives for the 2019 budget are:
(i) Completion of on-going programmes/projects;
(ii) Rapid economic development and transformation;
(iii) Sustained expansion of the fiscal space and rejig the economy through strategic wealth creation for the productive sector (Youths, Artisans, Women, etc);
(iv) Innovative and integrated approach to drive government revenue through technology to increase actual Independent Revenue by at least 50%;
(v) Improvement in the State’s fiscal performance to enable the State increase its draw-down on Federal Government and international performance-based grants;
(vi) Reduction in reliance on Federal Transfers through diversification of the State’s economy;
(vii) Inclusive growth based on Intelligent Development approach;
(viii) Sustained investment in infrastructural facilities and resuscitation of ailing/moribund industries in the State;
(ix) Accelerated rural development;
(x) Promotion of functional education and technological growth;
(xi) Robust human Capital Investment Initiatives and Social Security Services.
20. In order for us to achieve the foregoing objectives, highlighted below are some of the strategies we are going to adopt.
(i) Constitution of Economic Advisory Team and Efficiency Unit for the State;
(ii) Compliance with global best practices in Fiscal Allocation and Management;
(iii) Development of ICT to drive Independent Revenue (IR), empower and create wealth for our productive sectors;
(iv) Sustained engagement of revenue consultants to help drive independent revenue generation;
(v) Leverage on donor partners support and diaspora monetary inflow;
(vi) Provision of social security services for the elderly and others;
(vii) Deliberate investments in agro enterprises, provisions of farm inputs and supply of improved seedlings to farmers to boost food production and generate employment for our youths; and
(viii) Continuous opening up of rural feeder roads to enhance hitch free conveyance of farm produce to the market;
(ix) Rigorous pursuit of efforts at Industrialising the State.

Gov. Oluwarotimi Akeredolu