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Kenya borrows Sh560b in five months to plug budget deficit

BUSINESS NEWS

This was Sh32 billion more than what it earned in taxes with KRA collecting Sh527.8 billion between July and November last year

Kenya borrows Sh560b in five months to plug budget deficit

By Domnic Omondi | 2 months ago

Should government stop further borrowing due to increasing debt burden?

Should government stop further borrowing due to increasing debt burden?

The back-breaking burden is carried by ordinary Kenyans who will be heavily taxed to repay the debts.

Kibet Cheruiyot | 6 months ago

Suppliers want State to pay interest on delayed payments

Suppliers want to charge the Government to pay interest for delayed payments after delivery of goods and services, broadly known as pending bills.

Moses Michira | 4 years ago

Government borrowing still far from breaching debt ceiling

Fears that Kenya’s increased local and foreign borrowing could erode its sovereign rating might be somewhat exaggerated.

Editorial | 7 years ago

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