{"id":40255,"date":"2026-07-22T11:00:10","date_gmt":"2026-07-22T09:00:10","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=40255"},"modified":"2026-07-22T11:14:34","modified_gmt":"2026-07-22T09:14:34","slug":"kenyan-budget-deficit-seen-narrowing-in-2027-28-finance-ministry","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/kenyan-budget-deficit-seen-narrowing-in-2027-28-finance-ministry\/","title":{"rendered":"Kenyan budget deficit seen narrowing in 2027\/28: Finance Ministry"},"content":{"rendered":"<p>Kenya forecasts a budget \u200bdeficit of 3.6% of gross \u200cdomestic product in its July 2027 to June 2028 fiscal budget, \u200bFinance Ministry Principal Secretary \u200bChris Kiptoo said this Wednesday.<br \/>\nIn June, \u2060Finance Minister John Mbadi \u200bsaid the budget deficit was forecast \u200bat 5.5% of gross domestic product in 2026\/27.<\/p>\n<p>Kiptoo said in a meeting \u200bto kick off public hearings \u200bfor the 2027\/28 budget that the economy \u200cwas \u2060forecast to grow 5.1% in 2027 and 5.2% in 2028, from an estimated 5.0% in 2026.<br \/>\nIn \u200bJune, the \u2060Finance Ministry had forecast 2027 growth at 5.2%.<\/p>\n<p>Typically the \u200bfiscal budget is presented \u200bto \u2060parliament in June.<\/p>\n<p>The 2027 budget will be presented earlier than \u2060that \u200bdue to elections \u200bin August.<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":31155,"template":"","meta":{"_acf_changed":false},"news-type":[],"class_list":["post-40255","news","type-news","status-publish","has-post-thumbnail","hentry","entry"],"acf":{"short_description":"","published_date":"","news_description":"","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40255\/revisions"}],"predecessor-version":[{"id":40266,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40255\/revisions\/40266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/31155"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=40255"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=40255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}