Experts poke holes into Treasury budget plan as it eyes fresh loan

A man contemplates climbing a ladder for financial success in the concept of a financial crisis. [Getty Images]

Experts have faulted Treasury's proposed budget financing strategy in the next financial year, saying it could derail government projects.

National Treasury Cabinet Secretary Njuguna Ndung'u has maintained the new administration will opt for direct concessional budget funding from multilateral lenders instead of expensive domestic and foreign commercial debt.