Kenya's Budget Deficit to Shrink in 2025/26, Says Finance Ministry
2025-02-14
Reuters
Kenya is expected to experience a slight reduction in its budget deficit and a moderate increase in overall expenditure in the 2025/26 fiscal year, according to the finance ministry's latest forecast. This development is anticipated to have a positive impact on the country's economic growth, with a potential boost to its GDP. As the government aims to achieve fiscal stability, it is likely to implement measures to reduce its fiscal deficit, promote economic development, and enhance public finance management. With a focus on sustainable economic growth, Kenya's economy is poised for a promising future.
