budget deficit,fiscal deficit,Kenya’s trade deficit,trade deficit Stories

Kenya’s current account deficit surges to Sh66 billion - KNBS
Alfred Onyango  |  Jul 04, 2025

The latest figures by the Kenya National Bureau of Statistics (KNBS) show the country’s current account balance widened by 58 per cent, rising to Sh66...

Kenya faces fresh debt crisis as Treasury projects Sh253 billion revenue shortfall
Lucy Mumbi  |  Jun 29, 2025

According to documents submitted by the National Treasury, the Kenya Revenue Authority had collected Sh2.26 trillion by the end of April 2025, falling...

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...

Sh876bn fiscal deficit leaves no room for extra spending in 2025/26 budget, MPs warn
Lucy Mumbi  |  May 22, 2025

BAC Chairperson Samuel Atandi announced this as the committee began receiving reports from departmental committee chairpersons on the scrutiny of budg...

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’s trade deficit narrows by Sh10bn in 2024 as export growth outpaces imports
Alfred Onyango  |  May 09, 2025

Earnings from re-exports grew by 77.3 per cent to Sh180.2 billion in 2024, primarily due to increased re-exports of kerosene-type jet fuel.

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.

CS John Mbadi vows to help Ruto secure funds for stalled road projects
Amina Wako  |  Sep 30, 2024

He emphasised the importance of maintaining unity between Raila and Ruto, stating, "We must choose our friends."

Improved tea, flower exports cuts Kenya’s trade deficit by Sh23bn
Alfred Onyango  |  Aug 05, 2024

A trade deficit, which is also referred to as a negative balance of trade (BOT), occurs when a country's imports exceed its exports, with imports and...

Kenya's fiscal deficit to rise by 21% to Sh920 billion this year - report
Alfred Onyango  |  Jun 06, 2024

To address this, the Committee says financing of the gap will predominantly shift towards foreign borrowing.

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