fiscal 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...

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'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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