The Kenya Bureau of Standards (Kebs) is now technically insolvent after sinking into a Sh1.5 billion budget deficit, making it the latest institution that will now be fully reliant on the taxpayer to remain afloat, the Auditor-General has said.
Nancy Gathungu says in a report to Parliament that Kebs financial deficit increased by Sh1.39 billion from Sh99.32 million in the year ended June 2020 to Sh1.49 billion in 2021.
