MPs' Concern Over Sh1.4 Trillion Debt
[The Star] MPs have expressed concern over the management by the government of the Sh1.4 trillion public debt. The legislators said the country's public debt to GDP ratio has increased with the Treasury shifting the target from 42 per cent to 45 per cent to the current 47 per cent. "This is a worrying trend. Furthermore, public debt has increased on account of maturity of Treasury Bonds. How does Treasury intend to manage debt?" the MPs queried in a report tabled in the House on Wednesday.