Effective Budgetary Implementation As A Tool For Socio-Economic Development (A Case Study Of Akwa Ibom State)

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Effective Budgetary Implementation As A Tool For Socio-Economic Development (A Case Study Of Akwa Ibom State)


Abstract


This long essay seeks to outline the possible means at which the constraining factors can be address to promote effective budgeting that will aid to the socio-economic development which has to with the citizen’s standard of living. The researcher’s sources of material was based on the secondary data from textbooks, journals and the internets. The work has provided that socio- economic data in areas such as education, health, etc. and other key sectors have been given credence despite poor budgetary allocation but with effective implementation. Thus it can be concluded that budget is a good instrument to implement projects, policies that can help in the socio-economic advancement of the state without bias in areas of which are most important for sustained economic growth. Similarly, budget should fully be implemented to enhance socio-economic development.


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