Kenya's current account deficit is expected to widen by $1.04 billion (Sh134.9 billion) in 2025 due to higher imports, but will remain below the projected medium-term average of four percent of GDP, the central bank has said.
The Central Bank of Kenya (CBK) said last week that the deficit was estimated at $4.54 billion (Sh587 billion) at the end of 2024, equivalent to 3.7 percent of GDP, but will rise to $5.59 billion (Sh721.9 billion) or 3.8 percent of GDP by the end of this year.
