Corporate News
Treasury takes a hit from draft law
The chairman of the Committee of Experts on Constitutional Review, Nzamba Kitonga (second right), with other members of the committee. Photo/FILE
By WASHINGTON GIKUNJU
(email the author)
Posted Thursday, February 25 2010 at 00:00
Posted Thursday, February 25 2010 at 00:00
Public finance experts had expressed concerns that the creation of new budgeting structures and independent bodies to oversee resource mobilisation and revenue sharing could rob Treasury of the instruments it has traditionally used to ensure balanced growth and secure the economy from threats such as inflation, high interest rates and mass unemployment.
RSS