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Treasury Cabinet Secretary Ukur Yatani will Thursday afternoon reveal to MPs how he will fund the record Sh3.31 trillion budget for the year starting July in a ritual that will take place two.
Debt repayments will for the first overtake the national government’s recurrent spending on items like civil servant salaries under President Uhuru’s successor in the year starting July.
The National Treasury will have a free hand to breach the new debt ceilings as long as it can explain to parliament what caused excessive borrowing if changes to the law are approved.