Treasury Sees 5.9% Budget Deficit in 2027/28 Amid Borrowing
Kenya's National Treasury said on Friday, October 9, 2026, that the budget deficit is expected to widen to 5.9% of gross domestic product in the 2027/28 financial year from 5.5% in 2026/27, with the government planning to lean more heavily on foreign borrowing as it prepares a budget that will be presented earlier than usual because of the general election in August 2027.
2 hours agoBy Stacy Achieng