Tag: National Treasury
A tweet by KTN News claiming that the National Treasury has warned of an impending financial disáster was misleading. The tweet, which was posted...
The bond was over-subscribed with over Ksh582 billion (USD 5.4 billion) offered by investors. The raise followed a 3-day virtual Eurobond roadshow where Kenya's delegation included Treasury Cabinet Secretary Ukur Yattani and Central Bank of Kenya (CBK) Governor Patrick Njoroge.
The IMF expounded in its statement that the decision to pause fiscal adjustment this year would allow accommodating health, social, and development spending to support the recovery, complemented by accommodating monetary policy.
Taxpayers are expected to dig deeper into their pockets to fund the exchequer.
One per cent will be deducted from the remuneration paid to the employee while the other one per cent will be matched by the employer.
The institution also poured cold water on Kenya’s ambitious budget projections
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The 30-year-old, also an avid follower of English Premier League giants Manchester United, came close to the grand prize of Ksh334,783,843 SportPesa Jackpot.
Among the contenders of the prestigious African of the Year award is Kenya’s President William Ruto, who will be battling it out with President Hakainde Hichilema of Zambia and Prof. Benedict Okey Oramah, President of Afrexim Bank.
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