Treasury Estimates Kenya’s FY23 Fiscal Deficit at Sh695.2 bn

The National Treasury plans to cut the budget deficit to 4.3% of GDP in the 2023–24 financial year from an estimated 5.8% in the current period. In addition, it plans to cut a further 3.6% in the 2026–27 financial year period according to its Draft 2023 Budget Policy Statement themed “Economic Recovery Agenda to Promote … Continue reading Treasury Estimates Kenya’s FY23 Fiscal Deficit at Sh695.2 bn