<\/p>\n
Appearing before the joint committees of the National Assembly Committee on Energy and the Senate Committee on Energy, Cabinet Secretary for the National Treasury, John Mbadi, assured lawmakers that the proposed development will not saddle the country with public debt.<\/p>\n
“The FDP does not create any explicit or implicit public debt obligation for the Government. Financing of exploration, development, and production remains solely the responsibility of the contractor under the Production Sharing…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> Appearing before the joint committees of the National Assembly Committee on Energy and the Senate Committee on Energy, Cabinet Secretary for the National Treasury, John Mbadi, assured lawmakers that the proposed development will not saddle the country with public debt. “The FDP does not create any explicit or implicit public debt obligation for the Government. […]<\/p>\n","protected":false},"author":9,"featured_media":224123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[250],"tags":[258,256,7415,5989,15722,4688,430,257,4221,8487,53686,254,13061],"class_list":["post-224122","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kenya","tag-africa","tag-africa-news","tag-blocks","tag-development","tag-earn","tag-kenya","tag-kenya-news","tag-news","tag-oil","tag-proposed","tag-sh371bn","tag-south-africa-today","tag-treasury"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/224122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=224122"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/224122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/224123"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=224122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=224122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=224122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 East Africa Kenya<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"