×
The Standard e-Paper
Kenya’s Boldest Voice
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.
Kenya: The Finance ministry cut its domestic borrowing target this fiscal year by close to a quarter to Sh144.8 billion, saying projected revenue shortfalls and higher expenditure prevented a larger cut.
National Treasury Cabinet Secretary Henry Rotich (Pictured) had set a local borrowing target of 190.8 billion shillings in the budget last June but a revised budget policy statement issued on Wednesday showed the State would borrow a lower amount.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join