deficit

The government will aim for a net domestic borrowing target of 496.6 billion shillings, or 3% of GDP, for the same period, he said in the policy statement. The new targets are lower than those set for the current financial…

"We expect the budget to chart a path towards some fiscal consolidation," said Taimur Baig, who is also managing director at DBS. "Moderating demand is a sensible strategy to pursue, even as the seeds for long-term growth are…