×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Government had only Sh2.8 billion in its accounts to fight Coronavirus

Treasury CS Ukur Yattani. [Edward Kiplimo/Standard]

The Government had only Sh2.8 billion in its account by end of February, which was too little to help combat the effects of the coronavirus pandemic.

The latest data from the National Treasury shows that nearly every shilling the Kenya Revenue Authority (KRA) collected in taxes has been spent on paying salaries, debts and other recurrent expenditure, leaving the Exchequer with a pittance to spend on a rainy day.

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