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How Lapsset projects can repay loans

President Uhuru Kenyatta’s declaration last week that “no new project should be launched without his express authority” comes at a time the country’s debt service obligations are rated the second-highest in Africa, after Ethiopia.

The expectation is that this will create the necessary momentum for the completion of stalled projects which the International Monetary Fund estimate would cost the public purse Sh1.1 trillion to complete.

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