Kenyan protesters participate in a demonstration marking the first anniversary of the 2024 anti-government protests, which drew widespread condemnation over the use of force by security agencies in Nairobi, Kenya, on June 25, 2025.
African governments’ policies on fiscal consolidation are being derailed by growing political activism by the youth and election jitters, subjecting several economies to persistent budget deficits, rating agency Fitch has warned
Fiscal consolidation is the process by which governments attempt to reduce budget deficits and public debt through a combination of spending cuts and tax increases.