Kenya's Budget Deficit: Government Bonds Opportunity for Kenyans
Kenya's Budget Deficit: Government Bonds Opportunity for Kenyans In a bold move, the Ruto administration has set an ambitious target for the Kenya Revenue Authority (KRA) to collect a staggering Sh2.9 trillion. To bridge the budget deficit, the government plans to borrow approximately Sh695.2 billion, with Sh198.6 billion sought from external sources and the remaining Sh496.6 billion from domestic institutions, including banks. But here's the exciting part: you, as a Kenyan citizen, have the opportunity to play a crucial role in this economic landscape. How? By considering an investment in government bonds! Yes, by buying government bonds, you become an active participant in the financial development of your country. Not only will you be contributing to the nation's growth and stability, but you can also enjoy potential benefits for yourself. Government bonds offer a secure and reliable investment avenue, backed by the credibility of the government itself. By purchasing the