{"id":1526064,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1526064/?format=json","text_counter":113,"type":"other","speaker_name":"","speaker_title":"","speaker":null,"content":"1. THAT, the fiscal deficit target for the medium term is approved and set at 4.3 per cent of GDP for FY 2025/26; 3.5 percent of GDP for FY 2026/27, and 3.2 per cent of GDP for FY 2027/28, in line with the fiscal consolidation path; and, 2. THAT, the country’s borrowing strategy is approved at 35 percent for net external borrowing and 65 percent for net domestic borrowing as contained in the 2025 Medium-Term Debt Management Strategy."}