Treasury projects billions in oil revenue as parliament reviews FDP

The Cabinet Secretary (CS) for the National Treasury and Economic Planning, John Mbadi, has defended the fiscal and macroeconomic underpinnings of the proposed Field Development Plan (FDP) for Blocks T6 and T7, assuring Parliament that the project will not create any explicit or implicit public debt obligations for Kenya. Appearing before the National Assembly Departmental...

The Cabinet Secretary (CS) for the National Treasury and Economic Planning, John Mbadi, has defended the fiscal and macroeconomic underpinnings of the proposed Field Development Plan (FDP) for Blocks T6 and T7, assuring Parliament that the project will not create any explicit or implicit public debt obligations for Kenya. Appearing before the National Assembly Departmental...

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