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Team asks for details on 'extra headroom to borrow'

National Treasury boss Henry Rotich (left) with Investment Secretary Esther Koimett at Continental House, Nairobi yesterday when they met the National Assembly Finance Committee. [PHOTO: BONIFACE OKENDO/ STANDARD]
 National Treasury boss Henry Rotich (left) with Investment Secretary Esther Koimett at Continental House, Nairobi yesterday when they met the National Assembly Finance Committee. [PHOTO: BONIFACE OKENDO/ STANDARD]

Kenya: President Uhuru Kenyatta’s spending plans hit a snag after MPs and the Auditor General rejected a proposal to raise the borrowing ceiling to Sh2.2 trillion.

Doing so would allow the Government to borrow an extra Sh1 trillion to finance infrastructure projects, including roads.

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