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  "documentTitle": "National Budget 2024/25 For Our Humanity: Now&#x27;s the time to work together.",
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  "notes": "The table provides a breakdown of revenue sources including taxes, grants, and other revenue as a percentage of GDP and in absolute Kina values.",
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      "text": "Total revenues and grants are expected to increase to PGK25.4 billion in 2025, an increase of around 11% on the prior year.",
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      "text": "Total Revenues and Grants: PGK25.4 billion",
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      "text": "Total revenues and grants are expected to increase to PGK25.4 billion in 2025, an increase of around 11% on the prior year. This represents a small uplift in tax revenues as a proportion of the economy (to 13.4 per cent, 2025), reflecting projections of slightly higher commodity prices and an expectation of improved tax compliance.",
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      "text": "Revenue growth outpacing expenditure is perhaps the simplest fiscal repair strategy, but when applied consistently it is an effective one. The strategy is more difficult when tax revenues are geared to volatile commodity prices and other macroeconomic factors.",
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      "text": "Figure 7: 2025 Budget Revenue Details (Kina, million)",
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