The Treasury has raised domestic borrowing goal for the current financial year, which started in July, by Sh29.72 billion on fears of a deeper shortfall in tax receipts than earlier projected.
Treasury secretary Ukur Yatani said in a gazette notice last Friday the Treasury would target Sh524.69 billion fresh debt from domestic investors, 6.0 per cent more than the Sh494.98 billion it had estimated at the beginning of the financial year in July.
