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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Budget experts at Parliament have faulted the Kenya Kwanza government's road map to pay off the mountain of pending debts, which currently stand at over Sh500 billion.
The Parliamentary Budget Office in a new report suggests the current plan may not help fully end the menace of the pending bills. The settlement of the arrears amounting to five per cent of GDP or Sh794 billion is expected to inject liquidity into the private sector, thereby stimulating productivity.
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