THE SENATE PROCEEDS ON AUGUST RECESS UNTIL 6TH SEPTEMBER, 2021
Pursuant to its Legislative Calendar, the Senate, on 5th August, 2021 proceeded for its August Recess and will resume it's plenary sittings on Tuesday 7th September, 2021.
Senate Committee on Finance takes on Treasury CS on Status of Public Debt
MOMBASA, 11th August – The Senate Committee on Finance and Budget has directed
Treasury CS, Amb Ukur Yatani to furnish, within seven days, a schedule of Commercial
External Debt that it has earmarked for retirement.
In a meeting between the Senate Committee and the Treasury on the status of public debt in
Kenya chaired by Sen. Charles Kibiru, the CS reported that retiring debt ‘is a long and
tedious process' and that Treasury had engaged experts to advise on restructuring the loans.