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Debt Burden On Expensive Loans Leaves Kenya In A Financial Mess As China Eats Big

National Treasury CS, Ukur Yattani.   China is the biggest bilateral contributor to Kenya’s Sh8.6 trillion public debt, with the International Development Association (IDA) topping the list of multilateral lenders. This comes as data from the Parliamentary Budget Office (PBO) indicates that Kenya’s debt stock is projected to hit KSh9.8 trillion

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