Kenya Aims to Halve Its Budget Shortfall in Four Years

Fiscal deficit to narrow to 3.3% of GDP by fiscal 2024
Government plans to borrow more from domestic debt market

Uhura Kenyatta, Kenya's president
Photographer: Kevin Hagen/Bloomberg

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By David Herbling

January 20, 2020 at 12:50 PM UTC

Updated on

January 20, 2020 at 4:21 PM UTC

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Kenya plans to almost halve its budget deficit in the next four years as the government implements measures to boost revenue amid pressure to fund the president’s ambitious “Big Four” development agenda.