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Treasury eyes fresh Sh91.9b World Bank loan to fund budget

Treasury Cabinet Secretary Njuguna Ndung'u. [File, Standard]

The National Treasury is eyeing a Sh91.9 billion fresh loan from the World Bank as President William Ruto's administration seeks cheaper sources of cash to support the Budget.

Treasury Cabinet Secretary Njuguna Ndung'u Tuesday said the loan will be under "concessional terms" and will help the government manage public debt.

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