Skip to main content
Resolved1 update

Treasury spent Sh57 out of every Sh100 it collected in July and August to service debt

Story-level discussion

Start here

The Treasury spent Sh57 out of every Sh100 it collected in July and August to service debt, underlining the burden of mounting government borrowing on taxpayers. Debt repayments consumed Sh118.08 billion in the first two months of this financial year that started in July, Treasury statistics show, a jump from Sh35.08 b

What happened

The Treasury spent Sh57 out of every Sh100 it collected in July and August to service debt, underlining the burden of mounting government borrowing on taxpayers. Debt repayments consumed Sh118.08 billion in the first two months of this financial year that started in July, Treasury statistics show, a jump from Sh35.08 b

No updates yet on this story. Use the composer above to add the first node.