Controller of Budget warns over rising public debt

The Controller of Budget has flagged the government's growing reliance on borrowing to finance its budget, warning that while borrowing has helped plug financing gaps, it is reducing the resources available for development. While appearing before the National Assembly's Public Petitions Committee, Nyakang'o said public debt has climbed to KSh12.8 trillion, posing a major risk to budget implementation. Stephen Letoo reports.