Sh1.1tr to be spent on loans repayment
The next financial year Sh3.08 trillion budget will be 2.3 per cent lower than the 2018/19 one as a result of reduced allocation to the Consolidated Fund from Sh870.6 billion to Sh805.8 billion. According to the estimates presented to Parliament, 61 per cent of the taxes will go to debt repayment from July as Sh1.1 […]