The Federal Government has approved the Medium-Term Expenditure Framework for 2025-2027, and the Fiscal Strategy Paper.

Minister of Budget and Economic Planning, Abubakar Bagudu, disclosed the details after this week’s Federal Executive Council meeting at the Aso Rock Villa, Abuja.

According to the Medium-Term Expenditure Framework, the proposed budget size stands at forty-seven point nine trillion naira, with new borrowings of nine point two-two trillion.