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  "documentTitle": "National Budget 2024/25 For Our Humanity: Now's the time to work together.",
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      "kind": "callout",
      "text": "Borrowing costs continue to drag on the budget, consuming around PGK3.5 billion in 2025, up more than 15 per cent from 2024.",
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      "text": "Expenditure %: 64.9",
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      "text": "Total PNG Government borrowings are expected to grow to PGK64.9 billion in 2025, increasing further the next year before starting to fall with the anticipated budget surplus in 2027. Borrowing costs continue to drag on the budget, consuming around PGK3.5 billion in 2025, up more than 15 per cent from 2024. Although an increase in domestic borrowing costs was a contributing factor, with more than half the Government's debt denominated in foreign currencies, it remains exposed to future currency depreciation increasing its debt servicing burden.",
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      "text": "Figure 9: Expenditure by Sector as a % of the Total Budget",
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