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Controller of Budget Dr Margaret Nyakang’o before the National Assembly Public Debt and Privatisation Committee at Parliament on March 30, 2026. [Boniface Okendo, Standard]
The government is spending nearly 80 per cent of its tax revenue on servicing public debt, leaving President William Ruto’s administration with a razor-thin fiscal buffer for development, according to official National Treasury data published in the Kenya Gazette.
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