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{
    "id": 1222115,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1222115/?format=api",
    "text_counter": 183,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "1. THAT, the fiscal deficit target for the medium term is approved and set at 4.4% of Gross Domestic Project (GDP) for FY 2023/24; 3.9% of GDP for FY 2024/25 and 3.6% of GDP for FY 2025/26 in line with the fiscal consolidation path. 2. THAT, the country’s borrowing strategy is approved at 50 per cent net external borrowing and 50 per cent net domestic borrowing as contained in the 2023 Medium-Term Debt Management Strategy. 3. THAT, any deviation from the approved borrowing strategy will require the approval of the National Assembly."
}