Tag: budget deficit
Ghana's total public debt stock rose to 67 per cent of GDP as at the end of June this year compared with 62.4 per cent of GDP as at the end of December 2019.
Kenya's National Treasury has asked lawmakers to approve an increase in spending, despite earlier plans for significant budget cuts. Now the Treasury has raised its budget-deficit forecast for the year until June to 6.3 per cent of Gross domestic product (GDP) making it the third revision of the gap. For more on the country's new supplementary budget, Journalist, Joseph Bonyo joins CNBC Africa.
The East African country's budget deficit is forecast to fall to 5.0 percent of GDP in the 2019/20 fiscal year.
Kenya re-run: Unpacking Kenyatta, Odinga’s election promises
As the 2017 Budget day approaches, many South Africans are hoping for good news, including minimum increases to tax rates that affect them.