×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Treasury in Sh100b raid on parastatals

The National Treasury. [Wilberforce Okwiri, Standard]

The National Treasury has managed to collect over Sh100 billion from regulatory authorities as the broke government continues to raid the coffers of State entities to fund its programmes.

By end of the second quarter of the financial year 2020-21, Treasury had received Sh32.2 billion as part of its investment revenue against a target of Sh14.7 billion, with a good chunk of the cash being surplus funds from regulators.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in