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- Budget 2026 will be set against exceptional budget surpluses.
- The updated NDP revises the expenditure ceilings to be allocated towards each sector.
- The additional capital spending in the NDP is just a fraction of the total expenditure planned in the coming years.
- The Fiscal Advisory Council (IFAC), Central Bank and others have consistently warned that fiscal policy has been running ‘too hot’ in recent years, and has contributed to higher demand and inflation
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