Current account deficit widens to 2.1pc on increased imports

Increased importation of capital goods, including machinery and transport kits, pushed Kenya’s current account deficit to 2.1 percent of GDP at end of August 2025, compared to 1.6 percent a year earlier, indicating rising business activity and improving credit flows to the private sector.

The Central Bank of Kenya (CBK) says deficit widened to $2.84 billion (Sh367 billion) in August from $1.82 billion (Sh235 billion) a year earlier, but it is expected to moderate to $2.39 billion (Sh309 billion) or 1.7 percent of GDP by the end of the year.

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