Kenya's FY 2024/25 budget numbers were presented, highlighting key figures such as total revenue of KES 3,343.2B, total expenditure of KES 3,992B, and a deficit of KES 597B. The deficit will be financed by external borrowing of KES 333.8B and domestic borrowing of KES 263.2B. The Treasury raised the borrowing target to Sh597 billion, with total spending expected to be 3.92 trillion shillings in 2024/25. The Finance Minister projected net external financing at 333.8 billion shillings for the fiscal year.
Explainer: How Gov’t plans to spend Ksh.3.9 trillion in 2024/2025 budget https://t.co/4COYC6feGJ
Kenya announced a 3.3% budget deficit to its gross domestic product for the coming fiscal year, still significantly narrower than the 5.7% projected for the current fiscal period https://t.co/K3271OFt30
Kenyan youth, creatives allocated Ksh.16.3 billion in 2024/2025 budget https://t.co/LdIP5z8kyQ
Inside President Ruto’s second Sh3.9 trillion budget – Highlights https://t.co/oJ2eAntqUY https://t.co/ettWMQ3dc7
Kenya budget sees deficit at 3.3%, seeks to protect economic recovery https://t.co/qSoYKFcSO7 https://t.co/eUKpSBi3Qb
Budget 2024/25: NPS, NIS, Prisons get Ksh.377.5B https://t.co/mUWoXU4Uhv
I propose Sh656.6 billion or 27.6% of total expenditure to the Education sector: CS Njuguna #KEBudget2024 https://t.co/CXHXOBaOKz
On #CitizenTonight National Treasury PS @Kiptoock explains key priority expenditure in the Budget 2024/25. Join the discourse with @SamGituku https://t.co/NKxiOgdjWy
FY 24/25 Budget summary Presented by Treasury CS: —Total Revenue: KES 3,343.2B (18.5% GDP) —Total expenditure: KES 3,992B (22.1% of GDP) —Deficit: KES 597B (3.3% of GDP vs 5.7% in FY 23/24) Deficit financed by: —External borrowing: KES 333.8B —Domestic borrowing: KES 263.2B https://t.co/7oegX6uIau
⚠️ KENYA'S FINANCE MINISTER: NET EXTERNAL FINANCING SEEN AT 333.8 BILLION SHILLINGS IN 2024/25
⚠️ KENYA'S FINANCE MINISTER: TOTAL SPENDING SEEN AT 3.92 TRILLION SHILLINGS IN 2024/25
The KES 3.9 Trillion Budget There is increased demand for increased spending or expenditures from the government and that means that either we have to finance that through taxes or debt: CS Njuguna Ndung’u #KEBudget2024 Livestream: https://t.co/M2yOcLpCfz https://t.co/x6GtylljpH
Finance Bill 2024: Kenya's Treasury raises borrowing target to Sh597 billion https://t.co/zhb49HLNq4
Kenya's FY 24/25 Budget: #BudgetDay https://t.co/glx1iyjyoK
Kenya to present budget with new tax hikes https://t.co/TKRFTaNFK8
Budget 2024/2025 key numbers Livestream: https://t.co/M2yOcLpCfz @AmbokoJH https://t.co/nKIfoP7RwJ
2024/25 Budget Analysis Livestream: https://t.co/M2yOcLpCfz @AmbokoJH @nicholaswambua_ https://t.co/KHicxpMypp
Treasury PS @Kiptoock in urging Parliament to pass Finance Bill without amendment echoes the sentiments of the IMF: "Our capacity to carry more debt is not sustainable so we have to raise revenue and cut expenditure" [@NationAfrica] https://t.co/RkqnjVQ5Sn https://t.co/0QKvP7AfRJ
Julians Amboko [@AmbokoJH] breaks down Kenya's FY 24/25 budget numbers succinctly: https://t.co/bhkMkK1IU8
Kenya's FY2024/25 budget numbers breakdown | Business Redefined https://t.co/TAeIuezOtz https://t.co/J1MLtCt7vs