Government to borrow Ksh 908 billion to finance budget.

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  • Опубликовано: 13 май 2024
  • President William Ruto's maiden budget is facing massive revenue shortfalls forcing the national treasury to cut down the budget by 144 billion kenya shillings, a move that risks accumulating new pending bills and more stalled projects. The fiscal deficit in Ruto's first financial year has edged towards the 1 trillion shillings mark, with the government borrowing a whopping kshs 908 billion to finance the budget.

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