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VIDEO: Government Review – Ministries underutilizing funds

NBS ministries 1

VIDEO: Uncertainty surrounds budget absorption targets as technocrats grapple with persistent slow utilization of funds within key sectors. Most of the money unutilized is borrowed from the World Bank attracting a high interest rates The Ministry of finance has now warned government departments that it will not release funds for unplanned expenditures unless line ministries show cause for their requisitions.

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