IMF Concludes Mission Visit as Kenya Faces Ksh287 Billion Budget Deficit

Kenya’s full 2026-27 budget approved by Cabinet totals Ksh4.7 trillion, with projected revenue of Ksh3.53 trillion, leaving a deficit of 5.3 per cent of GDP..

✨ Key Highlights

The International Monetary Fund (IMF) concluded its mission visit to Nairobi on March 4, coinciding with Kenya tabling a supplementary budget of KSh287 billion in Parliament.

The supplementary budget represents 6.1 per cent of GDP and aims to fund urgent government priorities amidst rising debt pressures.
Key figures involved include IMF Mission Chief Haimanot Teferra, Treasury Cabinet Secretary John Mbadi Ng’ongo, and Central Bank Governor Kamau Thugge.
The IMF highlighted concerns about the economic impact of the ongoing conflict in the Middle East, urging for stronger business policies and fiscal credibility.

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