Kenya to cut spending in 2011/12
Kenya expects
overall spending in 2011/12 and its budget deficit to narrow from last
year and for development expenditure to rise, its finance minister said
on Wednesday.
Overall spending is
seen at 975.8 billion shillings in 2011/12, or 31.7 per cent of Gross
Domestic Product (GDP), from a revised 883.9 billion shillings this
year, equivalent to 32.7 per cent of GDP.
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