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Debt crisis deepens as public borrowing hits record Sh10.5t

Concept of seeking a loan. [Getty Images]

Public debt hit Sh10.58 trillion in September, with the National Treasury revealing that both domestic and external liabilities have risen rapidly under the government.

The elevation of the public debt points to a sustained borrowing appetite by the Kenya Kwanza government and the impact of the weakening shilling against foreign currencies.

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