Nairobi plans budget around $1.5b Eurobond even as tourism suffers
Kenya is looking to speed up growth in the coming financial year with a slew of medium-term policy projects that will send the government on an unprecedented borrowing spree and raise the tax burden but hopefully consolidate economic gains. TEA Graphic
Kenya is looking to speed up growth in the coming financial year with a slew of medium-term policy projects that will send the government on an unprecedented borrowing spree and raise the tax burden but hopefully consolidate economic gains.
Finance Cabinet Secretary Henry Rotich is on Thursday expected to unveil the country’s spending plan — concurrently with Uganda, Tanzania, Rwanda and Burundi — with a Ksh1.77 trillion ($20.34 billion) budget that is way above that of other EAC member countries.
