State House bursts budget by Sh900m in nine months
The State House and the President withdrew nearly Sh900 million more than the budget for the nine-month period ended March 2024.
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The State House and the President withdrew nearly Sh900 million more than the budget for the nine-month period ended March 2024.
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The taxman collected Sh1.03 trillion between July and the end of last week, with November revenues recording a 15.8% growth to Sh180.7 billion compared to the same month in 2022.
IMF recently revealed that the government has opened talks with the fund for additional financing to augment its existing programme.
Rising interest rates on domestic debt will also contribute to the increase in interest payments.