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MPs Receives Bad News As CBK Governor Has Revealed To Them That Alot Is Being Used To Service Debt

The national debt has been a matter of concern in Kenya due to the huge weight it imposes to this current regime. Part of the blame has been on the former regime missing to account on some of the money they borrowed. But today, Central Bank of Kenya governor Patrick Njoroge has informed members of parliament that a lot has been lost from the national revenue to service the debt this country has.

This will mean that no civil servant should expect salary increament since this will affect the national revenue. This comes in the moment when the members of county assembly has raised cry to the national government to increase their salary. What surprises majority is that the increament that the MCAs' demanding is almost thrice their salary. If implemented, that salary increament will affect service delivery in some of the government's sectors since a lot is being lost from the national revenue to service debt.

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Content created and supplied by: @JosiahMato (via Opera News )

CBK Central Bank of Kenya Kenya MCAs' Patrick Njoroge


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