State overshoots budget ceiling by Sh180 billion

National Treasury CS Henry Rotich. A report by the Parliamentary Budget Office (PBO) has accused the three arms of government of presenting bigger budgets than had earlier been approved in the Budget Policy Statement (BPS). (PHOTO: FILE/ STANDARD)

The Government has overshot the budget ceiling for the new financial year by Sh180 billion, exposing the country to more debt.

A hard-hitting report by the Parliamentary Budget Office (PBO) has accused the three arms of government of presenting bigger budgets than had earlier been approved in the Budget Policy Statement (BPS).