technology

Debt, salaries gobble up Sh13trn in approved spending over three years: COB report

Debt, salaries gobble up Sh13trn in approved spending over three years: COB report

Controller of Budget report reveals that only Sh1.47 trillion in spending went towards...

Controller of Budget, Margaret Nyakang'o.

The Controller of Budget (CoB) approved the use of Sh14.6 trillion by the national and county governments over the past three years, with a new report shedding light on how taxpayer funds were spent.

CoB Margaret Nyakang’o approved the withdrawal of the funds from the Consolidated Fund, which is the government’s official account, and the 47 County Revenue Funds (CRFs) through over 33,000 requests between July 2023 and June 2026.

Massive job cuts loom in the public service.

Total government workers crossed one million mark for the first time last year and the number keeps growing.

The IMF has revised Kenya’s debt distress from moderate to high due to impact of the Covid-19 crisis.

Ruling leaves the TSC decision suspended pending determination of a petition challenging the legality of the social media restrictions.

The biggest challenge is not staff pay – it is governance, policy and legal frameworks and funding.

The St Bakhita Gataragwa Girls Senior School Form Four student is turning her passion for crocheting into a promising fashion career.

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