Deficit falls as Kenyans spend less on imports

Goods at the port of Mombasa. FILE PHOTO | NMG

Kenyans cut their appetite for foreign goods in the first six months of the year, reducing the trade deficit to Sh567.89 billion.

Expenditure on imports dropped by Sh27.85 billion or 3.1 percent (year-on-year) to Sh871 billion in the first half of the year, according to data from the Kenya National Bureau of Statistics (KNBS).

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.