budget deficit Stories

How Gen-Z protests forced National Treasury to cut Sh52 billion from budget
Maureen Kinyanjui  |  Jun 18, 2025

The 6.91 per cent decline marks the first such drop in this window since the Covid-19 era, four years ago.

Sh20 million blow: Kenya’s anti-doping war crippled after drastic budget cut
Maureen Kinyanjui  |  Jun 13, 2025

Athletics Integrity United has revealed that over 100 Kenyan athletes are currently serving doping bans, a worrying trend for a country celebrated for...

Kenya's loan defaults hit 20-year high as economic woes deepen
Maureen Kinyanjui  |  Jun 12, 2025

According to the CBK, the ratio of non-performing loans (NPLs), those unpaid for over 90 days, rose to 17.6 per cent by June 2025, up from 17.4 per ce...

Budget execution at risk as Treasury misses revenue target, funding delays persist
Lucy Mumbi  |  Jun 07, 2025

National Treasury Cabinet Secretary John Mbadi has confirmed that the World Bank cash will now arrive at least a month later, after delays in passing...

Kenya shifts to local borrowing as domestic debt hits Sh6.12 trillion
Maureen Kinyanjui  |  May 20, 2025

External debt during the same period rose marginally by Sh70 billion to Sh5.23 trillion.

Kenya to issue first Sh65bn sustainability-linked bond by June to address annual budget deficit
Maureen Kinyanjui  |  Feb 14, 2025

If Kenya meets its sustainability targets, the cost of repaying the bond remains lower, while failure to do so could result in higher coupon payments.

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