𝐏𝐔𝐁𝐋𝐈𝐂 𝐃𝐄𝐁𝐓 𝐀𝐍𝐃 𝐏𝐑𝐈𝐕𝐀𝐓𝐈𝐙𝐀𝐓𝐈𝐎𝐍 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐌𝐄𝐄𝐓𝐒 𝐂𝐎𝐍𝐓𝐑𝐎𝐋𝐋𝐄𝐑 𝐎𝐅 𝐁𝐔𝐃𝐆𝐄𝐓 𝐓𝐎 𝐃𝐈𝐒𝐂𝐔𝐒𝐒 𝐔𝐍𝐃𝐈𝐒𝐁𝐔𝐑𝐒𝐄𝐃 𝐋𝐎𝐀𝐍 𝐂𝐎𝐌𝐌𝐈𝐓𝐌𝐄𝐍𝐓 𝐅𝐄𝐄𝐒
The Public Debt and Privatization Committee led by Hon. Abdi Shurie (Balambala) met with the Controller of Budget (CoB) CPA Dr. Margaret Nyakang’o.
Dr. Nyakang'o briefed the Committee on the disbursement rate of foreign loans and commitment fees incurred over the past five financial years. A commitment fee is the amount a lender charges to keep a specific loan amount available to a borrower, and this fee may also be charged for the unused portion of a line of credit.