Business Daily | by Edwin Mutai
Parliament will enlarge the debt ceiling currently set at Sh9 trillion to accommodate Treasury’s borrowing for development spending, Majority Leader Amos Kimunya has said.
Mr Kimunya said the National Assembly will look at the reasons behind the Treasury’s proposal to increase the statutory debt ceiling and act accordingly once the request is tabled in the House.
“We don’t want debt to rise but Kenyans want development. We will look at the Treasury proposals and if it is for raising money for development, we…
