Kenya's finance ministry forecasts a fall in the budget deficit to 3.5% of gross domestic product (GDP) in the 2025/26 fiscal year that starts next July, from 4.3% of GDP in the current fiscal year, a draft budget document showed.

Argentina’s libertarian President Javier Milei has announced he intends to eliminate the budget deficit entirely next year, doubling down on promises of fiscal discipline despite a recession. Milei turned the annual budget speech,

Libertarian President Javier Milei of Argentina presented the 2025 budget to Congress late Sunday, outlining policy priorities that reflected his key pledge to kill the country's chronic fiscal deficit and signaled a new phase of confrontation with lawmakers.

The draft of Argentina's 2025 budget foresees the economy expanding 5% and the primary fiscal surplus representing 1.3% of gross domestic product, according to a summary document issued by the Economy Ministry on Sunday.