Kenyan Govt to Contain Fiscal Deficit at 3.5% in FY 2020/21 after Expenditure Control and Policy Measures

The government of Kenya may be able to contain its budget deficit to 3.5 per cent of gross domestic product (GDP) in 2022/23 (FY 2020/21) in the Third Medium Term Plan according to the National Treasury. “We expect the budget deficit to reduce to 3.5 per cent of GDP in 2022/23 from a high figure … Continue reading Kenyan Govt to Contain Fiscal Deficit at 3.5% in FY 2020/21 after Expenditure Control and Policy Measures