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Treasury to revise Budget estimates

President William Ruto, chairs a Cabinet Meeting at State House, Nairobi on 29/4/2025 [PCS]

The National Treasury is expected to make significant cuts in the Budget estimates for the 2025-26 financial year in its efforts towards fiscal consolidation and to live within its means.

This aims to reduce the fiscal deficit to 4.5 per cent of gross domestic product (GDP) for the financial year from 5.1 per cent in the current year, with a medium-term target of reducing the deficit to 2.7 per cent.

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