ACT Wazalendo advises govt to reduce commercial borrowing
Finance and Planning minister Mwigulu Nchemba arrives to present the government’s 2022/23 Budget in Parliament in Dodoma yesterday. PHOTO | EDWIN MJWAHUZI
According to Finance and Planning minister Mwigulu Nchemba, who presented the budget in Parliament on Tuesday, the government debt was Sh69.44 trillion as of April this year, equivalent to an increase of 14.4 percent.