Macro Analysis /

East African countries deliver their 2021/22 budgets, fiscal concerns remain

  • Forex: Egypt’s real interest rate compresses with headline inflation coming in at a 5-month high in May

  • Fixed Income: Fiscal concerns in Kenya remain elevated despite efforts to trim the 2021/22 budget deficit

  • Macroeconomic: Uganda delivers its 2021/22 budget on Thursday, focus now shifts to the S&P rating this evening

Kieran Siney
Kieran Siney

Head of African Markets

ETM Analytics
11 June 2021
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