Kenya Deficit Projected at 5.9 Percent of GDP
Kenya expects its budget deficit to rise to 5.9 percent of gross domestic product in the 2027 and 2028 fiscal year. The finance ministry noted that net domestic financing will decline while external financing increases.
Kenya expects its budget deficit to climb to 5.9% of GDP in the 2027/28 fiscal year, driven by higher spending demands. The shortfall marks an increase from the 5.5% deficit projected for the 2026/27 period. Investors are recalibrating East Africa's economic outlook as fiscal tightening measures face political hurdles.
