Fiscal Outlook 2025 || Business Redefined
2025 promises to be an exciting year in Kenya from a fiscal perspective.
Among the key issues we are looking forward to:
· The country's US$3.6 billion programme with the International Monetary Fund lapses in April. What does the road ahead look like? Possibly another funded programme? Is Kenya re-routing itself to a precautionary arrangement with the fund? No successor programme at all?
· The first tranche of Kenya's 2027 US$900.0M 7.0% coupon eurobond (issue USDXS1843435840) maturity is due this year. It will be a US$300.0M payment. On the whole, external debt service obligations for 2024/25 stand at US$4.56 billion
· Revenue outturn for 2024/25 was off to a bumpy start after the collapse of Finance Bill 2024. Now that we have the Tax Laws (Amendment) Act 2024 & the Tax Procedures (Amendment) Act 2024, can this be salvaged? Will the US$1.35 billion worth of additional revenue targeted via the two tax laws be realised?
· With Supplementary Appropriations II 2024/25 in the horizon, will Kenya still maintain the 4.3% fiscal deficit to GDP target in line with the programme with the International Monetary Fund?
This & a lot more in my conversation with Churchill Ogutu airing on NTV Kenya on Jan 14th, 2025 1930hrs (EAT).
29 Mar 2025
- The accident happened five days after the transport board lifted an NTSA suspension.
29 Mar 2025
- Natembeya made the sentiments hours after Farouk Kibet criticised him.
29 Mar 2025
- CDF Kahariri sparked an uproar after comments he made that were perceived to be outside the military's scope of interest.
29 Mar 2025
- The Ethics and Anti-Corruption Commission (EACC) is seeking to recover Ksh.22.7 million from former Kenya Film Classification Board (KFCB) CEO Dr. Ezekiel Mutua, on grounds that he illegally obtained the amount through unauthorized pay increases and…
29 Mar 2025
- Detectives in Kisauni, Mombasa County have arrested two men in connection with the theft of a motor vehicle in Nairobi.
29 Mar 2025
- The senior police officer accused the rider of having an affair with his wife.
29 Mar 2025
- The accident happened five days after the transport board lifted an NTSA suspension.
29 Mar 2025
- Detectives from the Directorate of Criminal Investigations (DCI) have arrested three suspected drug traffickers in Maji Mazuri, Mwiki, Nairobi County and recovered a large consignment of bhang.
29 Mar 2025
- Iran Twin-Africa Conference and Iran Expo set to take place from April 27 to May 1 in Tehran. The post Iran seeks stronger ties with Kenya in trade, health, and education appeared first on KBC Digital.
29 Mar 2025
- Somalia is prepared to offer the United States exclusive control of strategic air bases and ports, its president said in a letter to President Donald Trump seen by Reuters on Friday.
29 Mar 2025
- Natembeya made the sentiments hours after Farouk Kibet criticised him.
29 Mar 2025
- CDF Kahariri sparked an uproar after comments he made that were perceived to be outside the military's scope of interest.
29 Mar 2025
- He said he has no objection to being called names as a result of his development achievements.