Search

Kenya Approves $32.5 Billion Budget, Eyes Tax Hikes and Borrowing

Breaking News
© Allen Dreyfus
  • Cabinet approves Ksh4.2 trillion budget for 2025/26, signalling tax increases and borrowing
  • Government aims for fiscal consolidation while maintaining funding for essential services

Nairobi, Kenya – Kenya’s cabinet has approved the proposed Ksh4.2 trillion ($32.5 billion) budget for the 2025/26 fiscal year, marking a 5% increase that signals new tax hikes and borrowing.

You need an active subscription to continue reading this article.

Recent Business

1732898040519_miningwatch-portugal-YG0qc-e6hgg-unsplash
Are African countries aware of their own mineral wealth?
Read More »
Donald Trump on a newspaper @ Unsplash
Why Trump–Putin talks provide big stakes for Africa’s trade
Read More »
Bond market. Photo by Ozkan Guner @ Unsplash
IFC issues $16.6m bond in Rwanda to boost private sector growth
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »
Photo by Hassan Kibwana @ Unsplash | Kenya protest
Ruto allies vow to ‘rig’ Kenya 2027 election
Read More »
Photo by Aliaksei Lepik @ Unsplash Port
US, Russia jostle for influence at Togo’s growing seaport
Read More »

Latest Posts

Latest news insights