Kenya's cabinet has approved a proposed budget of 32-point-65 billion US dollars for the 2025/26 fiscal year according to a statement from President William Ruto's office.

The planned expenditure is outlined in the finance ministry's Budget Policy Statement. The budget proposals will now be submitted to parliament for approval. Last June, President Ruto was compelled to withdraw tax increases worth over $2.7 billion following large-scale youth-led protests, which marked the most significant crisis of his presidency.

For more analysis on this story Thami Ngubeni spoke to Kenyan economist Dr Francis Sang.

Kenya's cabinet has approved a proposed budget of 32-point-65 billion US dollars for the 2025/26 fiscal year according to a statement from President William Ruto's office.
The planned expenditure is outlined in the finance ministry's Budget Policy Statement. The budget proposals will now be submitted to parliament for approval. Last June, President Ruto was compelled to withdraw tax increases worth over $2.7 billion following large-scale youth-led protests, which marked the most significant crisis of his presidency.
For more analysis on this story Thami Ngubeni spoke to Kenyan economist Dr Francis Sang.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.