The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Parliament now warns that the high debt levels could widen the country's fiscal deficit. [Wilberforce Okwiri, Standard]
Parliament has criticised the National Treasury for the rising debt levels, warning that the country could soon default on other pressing recurrent payments.
Parliament has further accused the Treasury of presenting inconsistent figures in policy documents detailing the country's debt position in regard to both the local and external debts.
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