Treasury has set budget deficit to reduce to 3.5% of GDP in 2022/23 from a high figure of 7.7% of the GDP in 2018/19. Kenya’s National Treasury is committed to continuing on the path of fiscal consolidation but its effects would take time, the director-general in-charge of budget, fiscal and economic affairs Geoffrey Mwau said. … Continue reading Kenya Government Committed to Fiscal Consolidation, Effects to Be Felt in 3 Years