Government struggle to raise Sh4 trillion to repay debts

National Treasury Cabinet Secretary Henry Rotich

Kenya may have to put more development projects on the back burner as the Government struggles to raise a staggering Sh4 trillion to repay debt over the next five years.

Going by the National Treasury’s budget estimates for the upcoming 2018/19 financial year, the country faces an uphill task to pay off piling debt amid struggles by Kenya Revenue Authority (KRA) to meet its tax collection targets.