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Foreign Affairs Cabinet Secretary Amina Mohamed holds the key to Kenya’s economic future in the wake of the country’s growing debts — local and foreign.
According to the International Monetary Fund’s Regional Economic Outlook for sub-Saharan Africa, Kenya’s public debt has grown from Sh1.8 trillion in 2013 to Sh4.5 trillion as of September this year. The country’s ratio of debt to Gross Domestic Product (GDP) increased from 44 per cent in 2013 to 52.6 per cent last year.
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