Nairobi, Aug. 13 -- MPs have stepped up pressure on the Treasury to revive a foreign-exchange compensation scheme for Kenya's diplomatic missions abroad to help protect their budgets from the impact of a volatile shilling.

The Public Accounts Committee (PAC) of the National Assembly asked the Treasury to compensate the State Department for Foreign Affairs for foreign-exchange losses it has incurred over the years, in line with Section 47 of the Foreign Service Act, 2021 (Cap. 185E).

This comes amid similar calls by other parliamentary groups, including the Defence, Intelligence and Foreign Relations Committee.

The State Department for Foreign Affairs says it is in talks with the Treasury to reinstate the Foreign Exchange Loss Assumptio...