*Imports to raise current account deficit by Sh135bn* Kenya’s current account deficit is expected to widen by $1.04 billion (Sh134.9 billion) in 2025 on higher imports, but will remain below the projected medium term average of four percent of GDP, the central bank says. The Central Bank of Kenya (CBK) said last week that the deficit was estimated at $ 4.54 billion (Sh587 billion) at the end of 2024, equivalent to 3.7 percent of GDP, but will rise to $5.59 billion (Sh721.9 billion), or 3.8 percent of GDP, by the end of this year. Source: Business Daily