Kenya's Cabinet approves a 4.2 trillion shillings budget for 2025/26, targeting 5.3% economic growth.

Kenya's Cabinet has approved a budget of 4.2 trillion shillings for the 2025/26 fiscal year, aiming for a 5.3% economic growth rate. The budget, which must be approved by parliament, allocates funds for recurrent expenses, development, and county governments, with major infrastructure upgrades also approved. Tax reforms and public-private partnerships are planned to support service delivery and economic goals.

5 weeks ago
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