Youth activism, poll jitters derailing Africa’s budget policies, warns Fitch

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.

Photo credit: Billly Ogada | Nation Media Group

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.