Dr Kiptoo was appearing before the National Assembly Committee on Public Debt and Privatisation to respond to queries on the status of public debt.
CBK says case raises key legal issues, needs multi-judge bench under Article 165(4). Ruto, Uhuru regimes accused of rampant, unlawful borrowing risking debt crisis.
Treasury to borrow more from local lenders despite caution by experts and Parliament. Civil servants likely to lose perks while over 110,000 youth will be engaged in climate work.
The High Court has allowed auctioneers to break into the house of Naivasha MP Jayne Kihara and auction her property to recover over Sh7.5 million owed to former MP John Mututho.
CoB says external and domestic debts stand at Sh5.24 trillion and Sh6.12 trillion. Allocation for debt servicing in Fy 2024/25 amounted to Sh2.04 trillion,
Treasury CS has held the key docket for under a year, to deliver Budget speech today. Recent TIFA survey had majority saying they were worse off economically.
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