Home National State borrows Sh132b in seven months, Treasury report reveals

State borrows Sh132b in seven months, Treasury report reveals

budget, treasury, public borrowing
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People Daily | by Mercy Mwai


The government has borrowed a whopping Sh132.4 billion in just seven months, a new report shows.

Report from the National Treasury shows between September 1, 2020 and March 31 this year the government contracted 10 new loans at Sh19 billion monthly whose repayment period will commence in 2061…

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