Treasury under scrutiny over inflated KSh1.26T deficit
Kenya National Treasury is facing heightened scrutiny after an audit revealed it inflated the 2024/25 fiscal deficit to KSh1.26 trillion without approval from lawmakers, raising concerns about adherence to debt management rules and fiscal discipline. The findings, detailed in a report by Auditor General Nancy Gathungu, show that the deficit exceeded the KSh768.6 billion approved…