Investor apathy opens Sh128bn budget hole

treasury

The National Treasury building in Nairobi. FILE PHOTO | NMG

Investor apathy in local Treasury bills and bonds has opened a Sh128.1 billion hole in the 2022/23 budget.

New data from the National Treasury shows net domestic financing in five months of the fiscal year to November missed the target by a quantum of Sh128.1 billion with attained financing at Sh180.7 billion.

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Note: The results are not exact but very close to the actual.