Kenya Govt Plans to Borrow Billions to Finance 2024/2025 Budget

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The Treasury Cabinet Secretary Njuguna Ndung'u announced the government's intention during the reading of the 2024-2025 Budget estimates in Parliament. In addition to domestic borrowing, the government is projecting to secure Sh333.8 billion in foreign debt.

The Treasury Cabinet Secretary Njuguna Ndung'u announced the government's intention during the reading of the 2024-2025 Budget estimates in Parliament. In addition to domestic borrowing, the government is projecting to secure Sh333.8 billion in foreign debt.

In President William Ruto's second year in government, Treasury has allocated Ksh 16.5 billion to the sports industry for the financial year 2024/25 read by Cabinet Secretary Prof.…

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