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Budget reality check as Moody's warns Kenya of fiscal pain ahead

Rating firm warns austerity measures unlikely to yield much amid revenue shortfalls. It also cites country’s heightened debt risks, potentially raising the cost of external borrowing.

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standardmedia.co.keStai leggendo1 mese fa

Budget reality check as Moody's warns Kenya of fiscal pain ahead

Rating firm warns austerity measures unlikely to yield much amid revenue shortfalls. It also cites country’s heightened debt risks, potentially raising the cost of external borrowing.

originale

businessdailyafrica.com1 mese fa

State must not rely on debt to finance budget

Kenya's 2026-27 budget faces Sh1.15 trillion deficit, financed through borrowing, pushing public debt to Sh13 trillion. Structural reforms—formalizing businesses, industrialization, export growth, alternative revenue—are essential to break debt reliance and ensure fiscal sustainability.

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Timeline cronologica

martedì 16 giugno 2026·businessdailyafrica.com
State must not rely on debt to finance budget
Kenya’s rising deficit and debt underscore the need for tax reforms, spending discipline, and structural change to secure fiscal sustainability.
martedì 16 giugno 2026·standardmedia.co.ke
Budget reality check as Moody's warns Kenya of fiscal pain ahead
Rating firm warns austerity measures unlikely to yield much amid revenue shortfalls. It also cites country’s heightened debt risks, potentially raising the cost of external…

Budget reality check as Moody's warns Kenya of fiscal pain ahead

State must not rely on debt to finance budget

Timeline cronologica

State must not rely on debt to finance budget

Budget reality check as Moody's warns Kenya of fiscal pain ahead

Budget reality check: Moody's warns Kenya of fiscal pain ahead