diff --git a/libgpg-error-1.29-multilib.patch b/libgpg-error-1.29-multilib.patch
index e4fcc4b..2ad09bc 100644
--- a/libgpg-error-1.29-multilib.patch
+++ b/libgpg-error-1.29-multilib.patch
@@ -32,7 +32,7 @@ diff -up libgpg-error-1.29/configure.multilib libgpg-error-1.29/configure
  hardcode_into_libs=no
  
 @@ -11775,7 +11775,7 @@ fi
-   # Append ld.so.conf contents to the search path
+   # appending ld.so.conf contents (and includes) to the search path.
    if test -f /etc/ld.so.conf; then
      lt_ld_extra=`awk '/^include / { system(sprintf("cd /etc; cat %s 2>/dev/null", \$2)); skip = 1; } { if (!skip) print \$0; skip = 0; }' < /etc/ld.so.conf | $SED -e 's/#.*//;/^[	 ]*hwcap[	 ]/d;s/[:,	]/ /g;s/=[^=]*$//;s/=[^= ]* / /g;s/"//g;/^$/d' | tr '\n' ' '`
 -    sys_lib_dlsearch_path_spec="/lib /usr/lib $lt_ld_extra"
diff --git a/libgpg-error.spec b/libgpg-error.spec
index 67dbda2..fd7aed0 100644
--- a/libgpg-error.spec
+++ b/libgpg-error.spec
@@ -1,6 +1,6 @@
 Name: libgpg-error
-Version: 1.47
-Release: 4%{?dist}
+Version: 1.48
+Release: 1%{?dist}
 Summary: Library for error values used by GnuPG components
 URL: https://www.gnupg.org/related_software/libgpg-error/
 License: LGPL-2.1-or-later AND (BSD-3-Clause OR LGPL-2.1-or-later) AND FSFULLR AND GPL-2.0-or-later
@@ -33,7 +33,7 @@ contains files necessary to develop applications using libgpg-error.
 
 %prep
 %setup -q
-%patch1 -p1 -b .multilib
+%patch 1 -p1 -b .multilib
 
 autoreconf -f
 
@@ -86,6 +86,9 @@ make check
 %{_mandir}/man1/gpgrt-config.*
 
 %changelog
+* Mon Feb 26 2024 Jakub Jelen <jjelen@redhat.com> - 1.48-1
+- New upstream release (#2265674)
+
 * Thu Jan 25 2024 Fedora Release Engineering <releng@fedoraproject.org> - 1.47-4
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_40_Mass_Rebuild
 
diff --git a/sources b/sources
index 68146fa..d1897eb 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (libgpg-error-1.47.tar.bz2) = bbb4b15dae75856ee5b1253568674b56ad155524ae29a075cb5b0a7e74c4af685131775c3ea2226fff2f84ef80855e77aa661645d002b490a795c7ae57b66a30
-SHA512 (libgpg-error-1.47.tar.bz2.sig) = 09343016eaf7fcc455f8ce533847153a8a9b7c36f375a8ebe71ef5fc2923edf7b70842f834f52c51874e427869487b74a2286ea0112cffad0d72f79cb6d4eceb
+SHA512 (libgpg-error-1.48.tar.bz2) = 3e9ea99cfb7d706791eb3349a9356b6bc44a53ef8bfa9a4e89afb5203dad5af3f466a039a1764361c0c7f697a6fa668a21d05ceaeb8e44ec5a11d6468998adf2
+SHA512 (libgpg-error-1.48.tar.bz2.sig) = 302091beddab877acf4355f913fae4bd0a795f0a032f47e0e17c58fe1049833116a743d3470669cff59eab2f6d184b143689763cbb4d0f2f9bcab598e09dc12c