East African Finance Chiefs Face Fiscal Tightrope in Budgets

Kenya unveils 32.5 bln USD budget for 2025/26 to spur economic growth

NAIROBI, June 12 (Xinhua) -- Kenya on Thursday presented its 4.2 trillion shillings (about 32.5 billion U.S. dollars) budget for the 2025/2026 financial year, with proposals aimed at reigniting economic activity.

East African Finance Chiefs Face Fiscal Tightrope in Budgets

Kenya's Budget to Weigh Revenue Growth Against Public Outrage

Kenya's budget to weigh revenue growth against public outrage

Kenya's finance minister will present a budget on Thursday aimed at boosting revenues to service debt while avoiding tax measures that triggered the kind of deadly protests that rocked East Africa's biggest economy last year.

Kenya heaving under historic Sh11.5trn debt

Kenya finds itself trapped under the crushing weight of Sh11.5 trillion in public debt as non-performing loans surge to 17.6 percent –  one of the highest levels in the country’s history. This backdrop of a financial crisis has forced the government to unveil its most ambitious budget yet: Sh4.3 trillion for the 2025/26 financial year, […]

Kenya Unveils Budget Amid Pressure to Balance Debt and Social Stability - TV360 Nigeria

Kenya’s Finance Minister is set to present a new budget on Thursday aimed at bolstering government revenues to service the country’s mounting debt—while carefully avoiding the tax hikes that sparked widespread and deadly protests last year. The East African nation, led by President William Ruto, faces the twin challenges of narrowing a persistent fiscal deficit and managing a hefty debt-to-GDP ratio approaching two-thirds—well above the 55% thre…