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Intensified borrowing pushes up Kenya's domestic debt

Increased borrowing from the domestic market in the last two months has pushed up Kenya’s internal debt to Sh1.47 trillion ($14.4 billion), official figures show.

This is a rise of about Sh102 billion ($1 billion) from Sh1.38 trillion ($13.5 billion) where the domestic debt stood in early August before it started to surge, data from the Central Bank of Kenya (CBK) showed last week.

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