Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit

Kenya · ECONOMY

Key Facts

—Deficit size: Kenya’s Treasury projects a fiscal deficit of about KSh1.15 trillion (about US$8.9 billion) for the financial year 2026/27, equal to 5.3 to 5.5 percent of gross domestic product.

—Wider gap: The projected deficit is up from roughly 4.7 to 4.8 percent of gross domestic product in the 2025/26 financial year.

—Spending plan: Treasury Cabinet Secretary John Mbadi tabled the 2026/27 budget in the National Assembly on June 11, 2026, with overall expenditure of about KSh4.82 trillion (roughly US$37 billion).