Treasury’s headache as PPP project funding slumps 91pc

The National Treasury building.

Photo credit: File| Nation Media Group

The value of private investments into public-private partnership (PPP) projects dipped by a massive 90.5 percent in the financial year ended June 2024, official data shows, signalling further trouble for the Treasury this year following the cancellation of the Adani Group deals.

Fresh official data shows that private investors injected Sh4.3 billion into PPP projects in the year ended June 2024, down from Sh45.6 billion in the previous financial year ended June 2023.

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