Kenya’s Draft 2026 Budget Policy Statement (BPS) shows a widening fiscal deficit, now projected at Kshs 1,106.1 billion, equivalent to 5.3% of GDP, compared to 4.7% in FY 2025/26. As the BPS notes, “The fiscal deficit (including grants) is projected to increase to Kshs 1,106.1 bn in FY 2026/27 from Kshs 901.0 bn in FY … Continue reading Fiscal Deficit Widens to 5.3% of GDP in Kenya’s Draft 2026 Budget Policy Statement