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Originally published by The Standard BusinessSeptember 8, 2025
13h ago
Pending bills could double Kenya's budget deficit under new system
Kenya is staring at a double-digit budget deficit as the government plans to include pending bills and other liabilities in the budgeting process in line with the accrual accounting system...
✨ Key Highlights
Kenya faces a potential double-digit budget deficit as the government plans to incorporate pending bills and other liabilities into its budgeting process. This change aligns with the new accrual accounting system.
- Most important fact: Kenya's budget deficit could double.
- Key person: National Treasury CS John Mbadi.
- Notable detail: The change is due to the adoption of an accrual accounting system.
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