×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

State will up expenditure on housing to address shortage

A section of Soweto East in Kibera, Nairobi, showing the slum upgrading project. [PHOTO: PETER MUIRURI / STANDARD]

The Government is expected to increase expenditure on housing to address deficit in the sector. This is according to the Economic Survey 2016 released last week.

According to the survey, the Government will increase approved expenditure on housing significantly to Sh7.9 billion this financial year. This is even though the actual expenditure on housing decreased from Sh6.1 billion in 2013/14 to Sh5.9 billion in 2014/15 because few projects were completed.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • 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