Revealed: How corruption inflates Kenya’s budget deficit by Ksh352B
Originally published by People Daily — Read the original article →
Politics & government
Corruption, procurement fraud and collusion are costing Kenya an estimated Ksh352 billion in additional borrowing needs, exposing how governance failures are worsening the country’s budget deficit and undermining economic growth, a new World Bank report has revealed. The estimate is derived from the World Bank’s finding that corruption and collusion are likely to have increased […]