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National Treasury PS Dr Chris Kiptoo addressing the media outside Treasury Building in Nairobi on February 13, 2025. [Boniface Okendo, Standard]
The National Treasury has linked the country's ballooning debt over the years to the pricey cost of upholding the 2010 constitution, even as Kenyans await the submission of budget estimates and the Finance Bill 2025, this month.
National Treasury Principal Secretary Dr Chris Kiptoo said the country's budget deficits have been widening since the adoption of the new constitution, which necessitated more borrowing.
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