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Treasury CS Ukur Yatani. [Wilberforce Okwiri, Standard]
China turned down Kenya’s request for a debt service suspension of Sh32.8 billion that was due between July and December 2021, the National Treasury told the International Monetary Fund (IMF).
This left the country with savings of a trifling $89 million (Sh10.05 billion) from Paris Club members who agreed to Kenya’s request for a debt freeze.
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