Debt service costs to fall by Sh66 billion

The National Treasury building. 

Photo credit: File | Lucy Wanjiru | Nation Media Group

The government will spend Sh66 billion less in debt service costs for the financial year ending June 30, signalling savings for the Exchequer in the period.

Total debt service at the end of the 2023–24 fiscal year is now estimated at Sh1.79 trillion, down from Sh1.86 trillion, according to data from the second supplementary budget estimates by the Treasury.

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