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Kenya's ballooning debt

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Kenya's ballooning debt · LEAD

Yatani goes for Sh60 billion loan as Kenya’s debt piles

The National Treasury is going for a Sh60 billion loan from local investors to fund infrastructure development after the country’s debt piled to Sh7.35 trillion in January this year, down from Sh7.28 trillion last December. The debt is still expected to pile further if the treasury succeeds to secure Sh262 billion from the International Monetary […]

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