Kindiki defends decision to surrender government stakes to finance projects

Deputy President Kithure Kindiki has defended the government's decision to surrender its stakes in listed companies to raise funds for mega infrastructure projects. The DP says the move will ease pressure to take out loans or raise taxes to meet the budget. Kindiki also revealed the water sector is among the mega projects that will be financed from the infrastructure kitty as plans are underway to enhance access to water to above 76%.

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