Development spend hit Sh463bn in March on mega projects rise

Controller of Budget Margaret Nyakango. FILE PHOTO | NMG

Development spending in nine months to March increased 17 percent compared to the same period a year earlier, pointing to increased public investments in infrastructure projects.

Controller of Budget (CoB) data shows Sh463.6 billion was channelled into capital projects during the review period, an increase of Sh68.3 billion compared to Sh395.3 billion a year earlier.

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