EDITORIAL: Seal all loopholes in public projects spending

The Central Bank of Kenya (CBK) building in Nairobi. FILE PHOTO | NMG

Revelations that half of the 1,000 public projects currently being implemented in Kenya have stalled are indeed quite shocking.

According to the International Monetary Fund (IMF), a staggering Sh1 trillion or 12 percent of the gross domestic product, is now required to complete the stalled projects.

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Note: The results are not exact but very close to the actual.