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Budget 305 Vs Budget 360 - Politics - Nairaland

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Budget 305 Vs Budget 360 by gloryon(m): 6:28pm On Nov 08, 2017
Hi house. I want the economists in the house to help me out.
Why will the bench mark for dollar in the new budget be 305 whereas in the market, exchange rate is 360.
How will putting the benchmark at 360 affect the budget. Will it be positive or negative.
Thanks.
Re: Budget 305 Vs Budget 360 by FatherCHRISTMAS(f): 5:34pm On Apr 25, 2019
gloryon:
Hi house. I want the economists in the house to help me out.
Why will the bench mark for dollar in the new budget be 305 whereas in the market, exchange rate is 360.
How will putting the benchmark at 360 affect the budget. Will it be positive or negative.
Thanks.
wow just seen this now and guess what .... The new budget uses the same approach

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