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SH48.8bn school capitation funds to be released next week: Mbadi

Summary by Capital FM Kenya
KISUMU, Kenya, Jan 17 – Treasury is set to release Sh48.8 billion capitation funds to public schools next week. According to Cabinet Secretary John Mbadi, the delay in releasing the funds to schools before opening last week was due to debt servicing by the government. “We have been struggling from the beginning of the year to pay loans, the external loans, which have been due, Sh. 70 billion, we have to pay, we had no choice,” he said. The CS sa…
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