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.
Treasury Cabinet Secretary Henry Rotich with the budget briefcase at the Treasury building on June 14, 2018. [Standard]
The National Treasury is on the spot for borrowing Sh75 billion without the National Assembly’s approval, adding to the country’s spiralling debt burden.
According to its latest published financials published last Friday, Treasury had as of last month borrowed Sh362.6 billion from international lenders when Parliament had only approved Sh287.9 billion.
Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today