The interim Budget for FY25 has prioritized capital spending to stimulate economic growth. However, there has been a reduction in the growth rate of productive spending, with the rate for FY25 set at 11.1% compared to the budget estimate for FY24, which was over 33%. This adjustment aims to align expenditure with the proposed fiscal consolidation glide path. The move reflects the government’s commitment to maintaining a sustainable budget in the long term.