BudgIT, a prime civic-tech organization leading the advocacy for fiscal transparency and accountability in Nigeria, has launched the 2023 edition of its annual States of States report themed Subnational Healthcare Delivery for Improved Economic Development.
This report, BudgIT’s signature analysis, assesses and ranks the fiscal performance of all 36 states from the most sustainable to the least sustainable.
This year’s edition additionally spotlights the state of healthcare delivery for improved economic development at state levels.
For the 2023 edition, we maintained the five metrics for ranking all 36 states, where Index A examines states’ ability to meet Operating Expenses (Recurrent Expenditure) with only their Internally Generated Revenue. Index A1 looks at the percentage year-on-year growth of each state’s Internally Generated Revenue.
Index B reviews states’ ability to cover all operating expenses and loan repayment obligations with their Total Revenue (Internally Generated Revenue + Statutory Transfers + Aids and Grants) without borrowing. Index C estimates the debt sustainability of the states using four major Indicators.
