Kenya's Treasury minister reveals govt can't fund projects
Henry Rotich, the Cabinet Secretary for the National Treasury. He has said the government has no money to finance its projects. FILE PHOTO | NATION MEDIA GROUP
Kenya's Treasury Cabinet Secretary Henry Rotich has said that the government is facing difficulties financing some of its development projects.
While appearing before the Senate committee on Finance and Budget Wednesday, he also revealed a proposal to slash funds allocated to counties by between Ksh15 billion ($148.2m) and KSh17 billion ($167.9m).
