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No, government is not broke - Treasury CS Henry Rotich changes tune - 11 months ago, 8 Mar 14:52

By: Obed Simiyu

National Treasury Cabinet Secretary Henry Rotich denied media reports that he had said the government was broke because it had missed its tax targets. Rotich said the government can never be broke and that it is the safest entity to do business with. The CS on Wednesday, March 7 asked Parliament to slash budgetary allocation to counties as the government did not have enough cash. He aid the government was broke because it had not collected enough revenue as targeted due to prolonged electioneering period in 2017 and drought The government has denied it is broke following an earlier shocking revelation by national Treasury Cabinet Secretary Henry Rotich. While he met Senators on Wednesday, March 7, Rotich indicated that the Government was struggling to fiund its activities as it had no money after it due to prolonged electioneering period and a long spell of drought in 2017. However, a day ...
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