KENYA: Lowers Fiscal Deficit To 5.6% For 2019/20 Fiscal Year

Kenyan Finance Minister Henry Rotich. Photo Credit: NairobiWire

The government of Kenya has announced the nation’s plans to cut its budget deficit to 5.6 per cent of GDP in its 2019/2020 (July-June) fiscal year from a revised 6.1 per cent of GDP in the 2018/2019 fiscal year. This was highlighted by the Treasury in a draft budget summary which was sent to parliament… Continue reading KENYA: Lowers Fiscal Deficit To 5.6% For 2019/20 Fiscal Year