East African Finance Chiefs Face Fiscal Tightrope in Budgets
East African finance ministers will be walking a tightrope when they reveal their spending plans on Thursday, with ballooning debt, underperforming revenue and geopolitics challenging planned fiscal consolidation.
Uganda, Rwanda, Kenya and Tanzania will present their budgets to lawmakers, as the region grapples with cuts in foreign aid and the turmoil unleashed by US President Donald Trump's trade war.
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