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Taxpayers have paid dearly for a syndicated loan the National Treasury took in October 2015, at the height of a cash crunch in Government.
The country is estimated to have paid Sh6.5 billion in interests and fees for the $750 million (Sh77 billion) from a syndicate of lenders led by PTA Bank, and Eastern and Southern African Trade and Development Bank (TDB) based in Burundi.
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