MPs increase mini-budget by Sh200bn on debt repayment

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Kiharu MP, Ndindi Nyoro. PHOTO | DIANA NGILA | NMG

MPs have increased the country’s budget by Sh200 billion on account of payment of interest rate and the depreciation of the shilling.

The Budget and Appropriations Committee (BAC) said it has allocated Sh145 billion in Supplementary Budget I to take care of interest payments on public debt.

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