26
Jul
Government has revised the 2024 macroeconomic framework due to recent domestic and global economic developments, including the debt restructuring programme with external and domestic creditors. The development has also led to the upward revision of the fiscal framework with the expectation that the primary balance on a commitment basis remains unchanged at the targeted surplus of 0.5 per cent of Gross Domestic Product (GDP). Dr Amin Adam, the Minister of Finance, made this known during a presentation of the Mid-year Budget Review on the floor of Parliament. “Mr Speaker, key revisions to the macro-fiscal targets for 2024 include, overall real…