MPs push KNBS, Kippra to spend Sh1bn idle cash to buy office blocks

The KNBS head office is located in Real Towers in Upper Hill.

Photo credit: File | Nation Media Group

A committee of the National Assembly has directed the Kenya National Bureau of Statistics (KNBS) and the Kenya Institute for Public Policy Research and Analysis (Kippra) to spend Sh1 billion that has been lying idle in interest-earning accounts to acquire an office and save on rent.

The Finance and National Planning Committee said the KNBS and Kippra continue to hold Sh800 million and Sh200 million, respectively, in interest-earning accounts from 2022.

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