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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The National Treasury has more than doubled its allocation for debt repayment and pensions, pushing up the total budget for the next financial year to Sh3.63 trillion.
A summary of the estimates for the 2020-21 financial year that Treasury presented to the National Assembly on Thursday showed that the budget for consolidated fund services (CFS), which includes spending on interest on debts and pension payments, nearly doubled from an earlier estimate of Sh697.6 billion to Sh1.3 trillion.
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