Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Fix the low absorption rate of development cash

The huge amounts of money allocated to develop infrastructure in the 2016/17 Budget indicates that President Uhuru Kenyatta and his team have taken to heart lessons on the important role roads and railways play in a country’s economic and social development.

The revival of the Sh260 billion road annuity programme last week is a further demonstration that State House and Treasury have found a way round the knotty issue of the perennial shortage of money to fund development projects.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News