East African ministers to unveil budgets amid Iran cost shocks, debt strains

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East African ministers to unveil budgets amid Iran cost shocks, debt strains

AI Summary

Finance ministers from Kenya, Uganda, and Tanzania are set to present their 2026/27 budgets, focusing on mitigating economic impacts from Middle East war-related cost shocks while managing debt levels. Investor attention centers on these nations' fiscal strategies amid geopolitical tensions.

By Duncan Miriri and Elias Biryabarema NAIROBI/KAMPALA, June 11 (Reuters) - Finance ministers in Kenya, Uganda and Tanzania will present their 2026/27 budgets to parliament on Thursday, with investors focused on how they will shield their economies from cost shocks linked to the Middle East war while keeping debt in check.

World Politics Markets East Africa budgets debt cost shocks Middle East war investors economy

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