Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Treasury spent eight times more on debt payments than roads
A road under construction. The State spent only Sh55bn on roads last year. PHOTO | FILE
Kenya’s debt payments for the year to June were eight times more than what Treasury used for roads, underlining the burden of increased government borrowing.
The Treasury data shows that it paid Sh421.8 billion for loans in the year to June, making it the single largest expenditure.