Government to cut budget deficit to 3.3% of the GDP ,CS Ndung’u says
The Government has adopted various prudent fiscal policies to enhance revenue collection to ease the widening budget deficits.
Treasury Cabinet Secretary Njuguna Ndung’u says the government plans to cut budget deficit to 3.3% of gross domestic product in the current financial year from 5.7% in fiscal year 2023/24.
This comes even as the Intergovernmental Authority on Development (IGAD) report shows that Kenya has the second-largest fiscal deficit in the region.
