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For every Sh100 collected in government revenue, Sh68 goes to paying debt

NEWS

?High debt repayment leaves State coffers empty, report says. Crisis is forcing ministries to work on shoe-string budgets as disbursements delay.

For every Sh100 collected in government revenue, Sh68 goes to paying debt

By Graham Kajilwa | 1 month ago

Taxman defies Covid blues to collect a record Sh122b in July

Taxman defies Covid blues to collect a record Sh122b in July

This was an increase of almost a third from the Sh94.4 billion that KRA collected in the first month of the financial year ending June 2020.

Dominic Omondi | 1 month ago

Consumers spared price hike as fuel subsidies retained

Fuel prices will remain unchanged for the next one month as the government retains subsidies on petroleum products.

Kamau Macharia | 1 month ago

State’s spending of Covid loans queried

A new report indicates the government spent tens of billions of shillings from loans borrowed in 2019/2020 without properly accounting for the same.

Frankline Sunday | 1 month ago

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