Kenya to borrow more than anticipated to fund Sh4.24 trillion budget

Kenya will borrow more than Sh45.1 billion, an amount higher than what was earlier anticipated  to fund the budget for the new financial year starting July 1.

In the initial budget estimates, the National Treasury had projected a budget deficit of Sh831 billion with plans to borrow Sh684.2 billion from the domestic market and Sh146.8 billion from external markets.