Inside Sh106 billion Uhuru regime borrowings ahead of August polls

Treasury

The National Treasury building in Nairobi. 

Photo credit: File I Nation Media Group

Former President Uhuru Kenyatta’s administration went on a borrowing spree before the General Election, spending Sh854.14 million daily in the four months to the end of August.

State documents tabled in Parliament show that the Treasury inked six loans totalling Sh105 billion between May 1 and August 31, 2022.

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