Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-10-05 11:51:19
Kenya’s debt burden has surged to an unprecedented Ksh10.5 trillion after President William Ruto’s administration took on new loans amounting to Ksh303.2 billion in the year ending June 2024.
The national debt, which increased by Ksh303.2 billion within three months, highlights the government’s ongoing reliance on external financing to sustain key projects. The spike in borrowing raises concern, especially as the country braces for a projected debt of Ksh13.11 trillion by…
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