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SGR to push up cost of debt as five-year holiday ends

Standard Gauge Railway to push up cost of debt

Kenya will pay over Sh56.7 billion or 0.7 per cent of the economy for the Standard Gauge Railway this year, according to Budget estimates presented by the Treasury.

Paying back for the railway will reduce Kenya’s disposable income by 8.8 per cent as the five-year window period expires in 2019.

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