The Office of the Controller of Budget has raised queries on the source of an extra Sh17 billion used to service Kenya’s public debt in the first quarter of the current financial year. According to a report released by Controller of Budget Agnes Odhiambo reviewing the national government’s implementation of the 2014/2015 budget, the amount

The Office of the Controller of Budget is concerned about the rising public debt, which climbed to 5.1 per cent of the nation’s gross domestic product (GDP), up from Sh2.36 trillion recorded in June 2014 to Sh2.48 trillion as at December. According to the Controller of Budget Ms Agnes Odhiambo, the rising public debt is