Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App
×
The Standard Group PLC The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper 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.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

Risks of Kenya's off-book debt as State ramps up securitisation drive

Treasury Cabinet Secretary John Mbadi has defended securitisation, terming it an innovative model to finance mega projects. [Wilberforce Okwiri, Standard]

Kenyans will continue grappling with the high tax regime as the government continues pledging future tax collections to lenders in return for new off-balance-sheet loans and, in turn, limiting its flexibility to lower taxes and offer relief to citizens in future.

Analysis by different entities shows that using taxes and levies as collateral poses risks such as the government being unable to lower levies even where there is a change in circumstances that could allow the Treasury to offer Kenyans reprieve.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902