Budget grants decline Sh5.7bn on lower foreign disbursements

National Treasury

The National Treasury building in Nairobi.

Photo credit: File | Nation Media Group

Grants handed to Kenya to plug the budget deficit are expected to fall by Sh5.7 billion in the new fiscal year starting July 1, on lower disbursements by foreign governments.

Total grants expected to flow to the Exchequer are estimated at Sh46.9 billion from Sh52.6 billion in the current financial year.

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