NAIROBI, Nov. 25 (Xinhua) -- Kenya's budget deficit is projected to rise to 8.5 percent of gross domestic product (GDP) in the current financial year that ends in June 2021 compared to 8 percent recorded in the prior year due to the COVID-19 pandemic, a senior government official said on Wednesday.
Treasury Cabinet Secretary Ukur Yatani said in Nairobi that the government remains committed to pursuing a fiscal consolidation policy.
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