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The Standard Group Plc is a
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influence in matters of national and international interest.
Kenya: The Government has been warned against using proceeds from the planned $2 billion (Sh174b) bond to finance its recurrent budget.
The Institute of Certified Public Accountants of Kenya (ICPAK) noted that use of the proceeds from the debut Eurobond for recurrent budget could see the country’s public debt spiral into unsustainable levels.
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