Treasury spends fuel subsidy cash without approval

fuel prices, fuel subsidy, petroleum development levy


Business Daily | by Edwin Mutai


The Treasury spent Sh14.6 billion to stabilise petroleum prices, mitigate drought and conduct security operations in additional budgetary spending without the approval of Parliament.

The Treasury withdrew Sh14.62 billion from the Consolidated Fund between August 20 and September 13, 2021 to meet unforeseen expenditure that was not budgeted for in the current financial year…

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