Kenya: How Kenyatta Govt Spent Sh54.68 Billion Without MPs Approval

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Kenya: How Kenyatta Govt Spent Sh54.68 Billion Without MPs Approval
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How Kenyatta Govt Spent U.S.$54 Million Without MPs Approval CapitalFMKenya: Kenya

The National Assembly has the mandate when it comes to the budget making process but it now emerges that the Treasury spent funds without the approval of the National Assembly.

Also National Treasury has disbursed Sh6.1 billion to finance Telkom Kenya,Ministry of Defense was allocated Sh3.5 billion for the construction of a research hospital, Sh3.77 billion was allocated to the Office of the President with no details given on its expenditure. The National Treasury is expected to prepared supplementary estimates I for the 2022/23 financial year to be regularized by the National Assembly in line with Article 223 of the constitution.

This means that the government will have to borrow more funds which will further increase the debt profile to hit Sh9.4 trillion.

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