budget deficit Stories

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...

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

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

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.

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.

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

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...

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