Kenya Treasury Faces Ksh 146.3Bn Financing Gap in 2019-20 Supplementary Budget

Kenya’s National Assembly Budget and Appropriations Committee (BAC) has slashed governments’ spending to Ksh 49.77 billion from Ksh 86.60 billion in its Supplementary Estimates for FY 2019 2020. The committee chaired by Kimani Ichung’wah in its report,  says Kenya’s total public debt stands at Ksh 5.9 trillion as of September 2019 with an expected deficit … Continue reading Kenya Treasury Faces Ksh 146.3Bn Financing Gap in 2019-20 Supplementary Budget