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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
VAT on fuel was a key financial condition prescribed by IMF, so as to improve domestic revenue and tame the mounting public debt which is now at 57 per cent of GDP.
High debt level is an impediment to growth since most of the revenue collected is going to pay both domestic and foreign debts.
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