Khusoko – East African Markets
    Facebook Twitter Instagram
    Khusoko – East African MarketsKhusoko – East African Markets
    • NEWS
    • ECONOMY
      • BANKING & FINANCE
      • COMPANY
      • MARKETS
    • INDUSTRY
      • AGRICULTURE & ENVIRONMENT
      • HEALTH & WELLNESS
      • PROPERTY
        • RETAIL
      • TECHNOLOGY
        • ELECTRONICS
    • ENTREPRENEURSHIP
      • ENTREPRENEURS
      • PEOPLE
      • PERSONAL FINANCE
    • SPORTS
    • COMMENTARY
    • ARTS & CULTURE
      • BOOKS
      • ENTERTAINMENT
      • FAMILY & RELATIONSHIPS
      • FASHION & STYLE
      • FOOD & DRINK
      • TRAVEL & LEISURE
    Khusoko – East African Markets
    MARKETS

    Kenya to Lower 2019/20 Financial Year Budget Deficit to 5.6% of GDP from 7.4%

    David IndejeBy David Indeje2019-06-13Updated:2019-06-141 Comment1 Min Read
    CS Rotich, PS Thugge Faces Behind Arror, Kimwarer Dams Scandal
    National Treasury CS, Henry Rotich

    Kenya’s National Treasury says the country will cut its 2019/20 budget deficit beginning July-June to 5.6% of GDP from 7.4 % in the fiscal year according to it’s Cabinet Secretary Henry Rotich in his budget proposals to the  National Assembly and the Senate on Thursday.

    “In relation to GDP this deficit represents 5.6% a decline from 6.8% in this financial year and 7.4% in the last financial year,”

    According to Rotich, this will be financed by net external financing of Ksh 324 billion and net domestic financing of Ksh 283.5 billion.

    budget deficit Fiscal deficit Henry Rotich Kenya
    David Indeje
    • Website
    • Facebook
    • Twitter
    • Instagram
    • LinkedIn

    In my role as Community Engagement Editor For Khusoko, I care about our audience. engaging them, getting news delivered to them across a variety of platforms, and expanding the diversity of voices on our website.

    Related Posts

    Why Is the Price of Sugar Being Watched in Kenya?

    2023-06-01

    Kenya Inflation Rate: CPI Rises To 8% in May 2023

    2023-06-01

    Kenya’s Current Account Deficit to Fall in 2023 to 4.8pct

    2023-05-31

    Leave A Reply Cancel Reply

    Our Language is Flirty
    https://www.facebook.com/flirtynailsparlour/
    MORE TOP STORIES
    • Faith Kipyegon Smashes 1500m World Record in Florence in 3:49.11
    • John Ngumi Steps Down From Kenya Airways Board
    • Court Orders Winding Up of Debt Ridden Tuskys Supermarket
    • How to Choose the Right Forex Trading App for Your Needs
    • Xiaomi Moves Up on BCG’s Most Innovative List on Increased Investment
    • Facebook
    • Twitter
    • LinkedIn
    Facebook Twitter LinkedIn
    • ABOUT US – KHUSOKO
    • PRIVACY POLICY
    • KHUSOKO STANDARDS GUIDE
    © 2023 Khusoko. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.