×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Public debt eats up 98 per cent of revenue collected in January

Vocalize Pre-Player Loader

Audio By Vocalize

Treasury CS Njuguna Ndungu. [Elvis Ogina,Standard]

Nearly all the money collected from taxes in January went to servicing debt, the greatest indication of the extent of the cash crunch facing President William Ruto's administration.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Why fuel prices have remained unchanged despite attacks on Iran
Business
Fuel prices remain unchanged despite Middle East tensions
Business
Full-in tray for reappointed nuclear agency chair
By Brian Ngugi 15 hrs ago
Business
End of an era as Kirubi family exits Sidian Bank in multi-billion deal