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Ruto’s fiscal shift will create challenges for Kenya

Location:

KENYA

This is the first major setback for the administration's fiscal consolidation efforts, which had initially made progress.

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Kenya's courts and counties expand Ruto’s challenges

Location:

KENYA

Separately, the government is locked in a battle with county administrations that are demanding increased funds. Together, devolution and a resolute judiciary are complicating…

Kenya faces growing fiscal consolidation challenges

Location:

KENYA

The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…