Kenya’s fiscal deficit has been revised to an estimated 8.20 per cent from 7.40 per cent of gross domestic product (GDP) in 2021-22, according to the draft Budget Policy Statement (BPS) 2022. Revenue collection is estimated to rise by 18 per cent in the fiscal year 2022/23 equivalent to KSh 2,405 billion from the projected … Continue reading Fiscal Deficit Revised Upwards Estimated at 8.20% of GDP in 2021-22