Kenya’s National Treasury has proposed a Ksh 2.91 trillion budget for the 2020/21 fiscal year with plans to cut state spending aimed at reducing the fiscal deficit for the period to 4.9% of gross domestic product (GDP), down from 6.3% GDP for the current fiscal year. According to the Finance Ministry’s 2020 Budget Policy Statement … Continue reading Kenya Proposes Ksh 2.91 Trillion FY2021 Budget With Reduced 4.9% Fiscal Deficit