Kenya projected a budget deficit for the coming financial year at a 15-year low, boosted by spending cuts and aggressive revenue collection.
Kenya Targets Budget Deficit at 15-Year Low on Revenue DriveUS Factory Activity Shrinks With Price Gauge Highest Since 2022These 11 Mother’s Day Gifts Are So Much More Than Merely UsefulShell Exited China Power Business Amid Push to Boost ReturnsCocoa’s Extreme Price Swings Ease in Market Hit by Thin TradingCash Crunch Forces Cocoa Traders to Delay West African PurchasesChris Rokos’s $17 Billion Hedge Fund Extends Gains to About 20%US Holds Quarterly Debt Sale Steady, Starts Buybacks This...
2 Billion to Tap Property BoomVanke to Exit Non-Core Business, Divest Assets for LiquidityUK’s Second Biggest Mortgage Lender Pulls Offers Over Flood RiskChina’s Top Leaders Hint at Property Support, Interest Rate CutsRate-Hike Risk Creeps Up on Emerging Markets as Bond Bets FizzleUS Factory Activity Shrinks With Price Gauge Highest Since 2022Goldman’s Germany Investment Banking Head Mayer to Join JPMorganBillionaire Bollore Weighs Building EV Battery Factory in FranceTesla Axes Most of...
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World Bank to Approve $1.2 Billion Budget Financing for KenyaThe World Bank is set to approve $1.2 billion of budget financing for Kenya, slightly less than anticipated. This funding will help Kenya reduce its reliance on commercial debt.
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