The FY 2025/26 Budget Estimates propose a 6% increase in total spending—from Ksh 4.0 trillion in the FY 2024/25 Supplementary II Budget to Ksh 4.2 trillion. Revenues are projected to grow by 8% The fiscal deficit is expected to decline from 5.1% to 4.5% of GDP To close the financing gap, the government plans to borrow: Ksh 592 billion domestically Ksh 284 billion externally However, given the government’s track record of missing deficit targets, there is a high likelihood that the deficit will be revised upward in future supplementary budgets—raising fresh concerns about growing public debt. Source: http://bit.ly/4iZvnGp