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NAIROBI) - Kenya has room to refinance its debt and to reduce the costs of servicing the debt by lengthening the maturity profiles, the central bank governor said on Tuesday.
Patrick Njoroge told a news conference the national debt stood at 56.5 percent of gross domestic product in September. The debt has risen from 42 percent of GDP since President Uhuru Kenyatta came to power in 2013, angering opposition critics.
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