TSA Implementation The existing Consolidated Revenue Fund (CRF) is now the TSA for Federal Government. It is maintained at CBN.
{"Image DocumentName": "TSA ImplementationThe existing Consolidated Revenue Fund (CRF) is now the TSA for Federal Government. It is maintained at CBN.", "Image ImageDescription": "MDAs initiate and approve transactions against approved budgets using a central Financial Management System (GIFMIS) that integrates with the CBN e-Payment Platform to automate and streamline payments across all MDAs. MDA payment instructions are sent to CBN to provide the cash for consummation. Most Government/ MDA funds are domiciled in CBN, reducing CBN\u2019s huge cost of liquidity management for Open Market Operations (OMO) Reduced idle cash balances of MDA funds at both CBN and Commercial Banks.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}