The 2024 budget significantly increased capital expenditure, aiming to stimulate economic growth through infrastructure projects. The government prioritised spending on railways over road transport—evident in the $22 billion investment allocated to railway modernisation projects this fiscal year. These investments have driven expansion in rail capacity with a push to open new lines, i... https://www.hiparks.com/blog/budget-outlook-a-look-back-at-2024-and-logistics-industrys-expectations-for-budget-2025/