Budget Execution Report for Financial Year 2023- 2024 (January to March 2024)
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Date
2024-04
Authors
Journal Title
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Volume Title
Publisher
Ministry of Finance
Abstract
During the fourth quarter (October – December) of 2023, the economy registered a real GDP growth of 4.6 percent compared to 3.6 percent in a corresponding quarter of 2022. During the same period, headline inflation remained steady at 3.0 percent compared to 4.8 percent recorded in the similar period in 2022/23. This stability is attributed to an ample domestic food supply and reduced inflation from imports, driven by moderation in global market prices
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Keywords
Budget Report, Execution Report