(2025) Prime Minister's Budget Framework Letter for FY 2025-2026
Summary — Prime Minister's budget framework letter (lettre de cadrage) opening the FY 2025-2026 budget cycle, setting the macroeconomic assumptions and indicative credit ceilings that guide ministries preparing their spending proposals.
Key Findings
- Sets indicative sector credit ceilings for the fiscal year.
- Frames the macroeconomic and revenue assumptions.
- Instructs spending authorities on the budget-preparation calendar.