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Kenya borrows Sh27b in December pushing debt to Sh7.3trillion

National Treasury Building in Nairobi (PHOTO: FILE)

Kenya borrowed Sh27.4 billion in December last year, pushing the country’s public debt to Sh7.3 trillion.

The latest data from the Central Bank of Kenya (CBK) shows that in six months, the Treasury borrowed Sh688.2 billion against a projected Budget hole of around Sh1 trillion for the financial year that ends in June 2021.

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