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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The country failed to realise an estimated Sh81 billion wealth as a result of failure by the county governments to spend all funds allocated for development projects.
According to a report by the Parliamentary Budget Office (PBO), the country’s Gross Domestic Product (GDP) in the last financial year (2013/2014) registered 1.7 per cent deficit owing to the low absorption capacities of the county governments.
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