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Analysts raise concern over higher 2012 spending proposal

*Say fiscal savings at ‘2%’ to GDP abysmally low The success of the 2012 budget presented to the National Assembly by President Goodluck Jonathan yesterday, would require further fiscal consolidation and structural reforms for the much needed macroeconomic stability and growth projection of 7.2 percent and 9.5 percent inflation to be achieved, analysts said yesterday.
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Added December 13, 2011
from Businessday Nigeria