Public debt up Sh432bn in first half of the year

nairobi city county
[Image source: African Arguments | Credit: Nina R.]


Business Daily | by Elizabeth Kivuva


Kenya’s outstanding public debt increased by Sh432 billion in the six months to June after State raised borrowing from international institutions for budgetary support and aid in the fight against the Covid-19 pandemic.

Latest Central Bank of Kenya (CBK) data shows the debt climbed to Sh7.71 trillion end of June from Sh7.28 trillion as of…

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