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{
    "id": 1590933,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1590933/?format=api",
    "text_counter": 148,
    "type": "speech",
    "speaker_name": "Hon. John Mbadi",
    "speaker_title": "The Cabinet Secretary for the National Treasury and Economic Planning",
    "speaker": null,
    "content": "Let me start with the Economic policy context. I will first speak to the global context. The FY 2025/26 Budget has been prepared in the context of heightened uncertainty due to recent tariff wars and the intensification of geopolitical tensions which continue to pose significant risks to global economies. In this respect, global economic growth is expected to slow down from 3.3 per cent in 2024 to 2.8 per cent in 2025 and finally to 3.0 per cent in 2026."
}