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CoB queries emergency budget powers after Sh144bn used to settle sovereign debt, daily operations

The government used constitutional emergency spending powers to pay more than Sh144 billion towards international sovereign bond obligations during the first nine months of the current financial year, a new report has established. The National Government Budget Implementation Review Report for the First Nine Months of FY2025-26 by the Controller of Budget finds that “increased reliance on supplementary expenditure under Article 223 of the Constitution” is one of the key challenges affecting budget implementation, alongside delays in procurement and the accumulation of pending bills. [...]